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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: FawnVu who wrote (1223)7/30/1998 5:31:00 PM
From: george saintonge  Read Replies (1) | Respond to of 119973
 
FawnV...check out TAVA thread...but also think about it..1 7/8 up to 14 7/8 equals $13 rally...now 9 5/8 dollars down to 5.25...equals 74%
retracement off high...retracements usually run .25 , .38 , .50 ,
.62 , .66 , and sometimes even .75 percent...if they want to sell it
to me at 5.25 or 5.38 tomorrow I'll be there...a guy on the tava thread just put up that he thinks they'll earn 1.10 per share next year...I will chance it and buy a stock at 5 times next years estimates when the market will pay 53 times KO's earnings today