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 : NQCI National Quality Care Inc. -- Ignore unavailable to you. Want to Upgrade?


To: rainwater who wrote (237)2/21/1999 10:32:00 PM
From: Tensane 1  Read Replies (1) | Respond to of 254
 
First, let me tell you that just because Skipard is not posting on this thread does not mean that he is not in the stock right now. I can not speak for Skipard personally, but I do know him a little, he reads this board and I feel he still is involved.

As far as the why I invested in this stock, I invested in this company because I felt that they would start an agressive acquisition period starting with their first purchase that was signed last year but never completed. I still think they can get it going but they need what all small companies need----$$$$$$$$$. If and when they get their financing, they will get it going. If you look at their last 10q, you will see that they are making progress in increasing sales. If they can increase sales internally, add some new facilities, then the prices you see right now will become the bargain of the century, because they are in a very profitable business. If we do not see any progress in their 10q( or in their 10k that is about to come out) and no financing, then the stock is probably priced a little low but not unfairly priced.

As I see it, if you are a person who would like to take a small risk for maybe a large return, this may be a true bargain.

Let's say that their next Q comes out and they show a small profit or come in with a nice increase in sales and prospects look good for the next few quarters to get into the black. All they have to do is make .05/share and have a PE of 25(remember, many of the major players in this industry have PE's closer to 40) and you have a stock that's trading at $1.25. I think that internal growth can provide this .05/share, let alone the acquisitions.

But, as you said earlier, the tape will tell.

Kevin