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Microcap & Penny Stocks : Clearworks Technologies (CLWK) -- Ignore unavailable to you. Want to Upgrade?


To: lewis wireman who wrote (189)12/24/1998 1:28:00 PM
From: lewis wireman  Respond to of 448
 
PLease forgive me folks. I meant my last post for HYPD. Got on wrong thread by accident. Again my last post was meant for HYPD. May want to check that thread. It is moving up and has steadily moved up over 100% in less than 4 month with favorable news releases and company reports expected beginning after Jan 1st. HYPD in one well worth spending little DD time on.
Sorry folks. Thanks



To: lewis wireman who wrote (189)12/31/1998 4:34:00 AM
From: Netnut7  Read Replies (1) | Respond to of 448
 
This stock has been a real dog for me. In at 3.69 with all the hype that it was going to 10. Averaged down at 1.5 thinking it was going back to 3 and I would double to make my $ back. Should have stopped at 1.25 as that was prior support. Called IR and was told this was end of the year tax selling and the price should move up as the next year CLWK is expecting to earn 30-50 million in revenues through acquisitions. This year there were 5 million in revenues (there was supposed to be 20 or so right?) If they only earned 5 mil how are they going to jump to 50 mil? Therefore whats going on? Are the acquisitions not happening? Is cable/internet wiring not as hot as previously thought. Could Wireless solutions be more practical, could satellite service be cheaper and faster? Are most of the revenues based on housing construction starts in the area? Is that increasing or decreasing? Is there competition in the area? Should have done more DD before sinking $$ here. Maybe these guys can pull off the acquisitions and sales without diluting. Maybe there is demand and a good future for CLWK services. Problem is the price of the stock is telling me otherwise (that is unless the stock is completely manipulated by someone trying to buy as many shares as cheaply as possible before a run up). But I been here this long. I will continue to ride it for the long term. If they pull off some more deals and acquisitions that get news $2-3 seems possible again.
Kevin