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Microcap & Penny Stocks : New Sky Communications (NSKY) -- Ignore unavailable to you. Want to Upgrade?


To: myturn who wrote (2177)9/1/1998 10:25:00 AM
From: Hoyalawya  Read Replies (1) | Respond to of 2601
 
Please educate me. Let's say the stock is worth .50 based on Reason's conservative calculations. Based on yall's experience,:

1. How many penny stocks ever actually reach their true worth? Is it common in a well-operated company or is that a number that really is never reached?

2. If this stock starts running (and lord I hope it does), you know there will be profit takers. Can the revenue calculations/earnings, in and of themselves, keep the price moving? Doesn't there have to be a lot of demand based on available supply to run it up?

I'm new to penny stocks.