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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc -- Ignore unavailable to you. Want to Upgrade?


To: T. Peirce Baker who wrote (1047)1/6/1999 5:13:00 PM
From: rrufff  Read Replies (1) | Respond to of 1702
 
As fine as the stock price was today, even more significant is the VOLUME. Remember when 1000 shares could move it 25% and the spread was 100%. Today, it looks like a real company.

Obviously, there are others out there besides the believers on this board who bought today.

I always guessed it would double from the price at the time of the finalization of the merger. If the stock is at .75 at the time of the merger, then it should hit 1 1/2, given the fact that much of the risk will be out of it.

I'd still like to see the 3-4 that many have talked about but that will take more definitive details on revenue and/or recommendations by restaurant analysts. The latter may be coming.