SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : CAGI--A Sleeper Waiting to Wake Up!!!! -- Ignore unavailable to you. Want to Upgrade?


To: John F. Poteraske who wrote (618)1/13/1999 3:19:00 PM
From: HARRY BROWN  Read Replies (1) | Respond to of 1020
 
I have been following this thread for a long time and have been a substantial holder since the beginning of the year. It's hard not to like this company. It seem that at one time, there was far more discussion regarding what was actually happening with the stock rather than rumor mongering and speculation. Some of the people on the thread seemed to be connected. My goal for the near term has been $6-8/share and continues to be so. I think it can do it on its own fundamentals. However, at this point, the stock is extremely overbought by any technical measure. While I would have liked to have sold my holdings a while back at the $3.25 level and repurchased it when it dropped to $2.20, I unfortunately didn't. This time though, I do not want to see a significant profit eaten up by profit taking, yet, I do not want to risk selling before it hits by target price either. Tough choices. Todays action has seen significant block purchases on the upside. The trading pattern has been to buy significant blocks,wait for a pullback and purchase more. There is major accumulation going on, and judging from the purchasing pattern, it does not appear to be random investor accumulation. If there is someone out there who is aware of something (besides the earnings report and AMEX listing which is probably already built into the stock at this point) please let us know.