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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we? -- Ignore unavailable to you. Want to Upgrade?


To: Warlock who wrote (1691)11/12/1998 10:18:00 PM
From: Baldur Fjvlnisson  Respond to of 3171
 
Thanks Patrick. Actually my target of 3/32 wasn't just a price it was also the price that determined what I considered a very reasonable market capitalization for the stock at this point, around 2 million dollars. I tend to think more in market cap, averages and percentages than stock price and dollar gain.
I have done my DD and think this is a viable company and an attractive investment. By investment in penny world I mean hold for a few quarters at least. If the O/S remain fairly constant that is, I really hate it when my stake constantly gets diluted.

Best of returns,

Baldur F.