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Microcap & Penny Stocks : CSCA (Cassco Capital Corp.) -- Ignore unavailable to you. Want to Upgrade?


To: Jonathan Lebed who wrote (126)8/27/1998 4:47:00 PM
From: smackdown  Read Replies (1) | Respond to of 410
 
Saphire who & Hot what??



To: Jonathan Lebed who wrote (126)8/27/1998 4:47:00 PM
From: Jonathan Lebed  Read Replies (1) | Respond to of 410
 
CSCA only fell to real low levels...because they dumped their old PR Firm, and apparently...their old PR Firm dumped their shares. From what I understand...they are currently looking to sign a new PR Firm.

Why I like this company:

The are producing revenues.

They should be fully reporting next month.

They are rumored to be working on a number of acquisitions. They even signed a letter of intent for a merger with a company. These deals will strengthen the company, make it larger, and produce more revenue.

People have been waiting for news for a while now. Hopefully we will get some kind of announcement soon. Most likely, if there is news...it will be the announcement of a signed merger with the company they already signed the letter of intent with.

The float is extremely low, and the stock price moves fast. The spread may be kind of wide at times, but it tightens when the volume increases. It would of fared much better today, if the general market didn't have such a horrible day. I am in for the momentum, as any more buying will probably get it over $0.25, and any major announcements should get it over $0.50. And remember that before it tanked a short while ago, it was holding up in the $0.30 area.

Jon