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Microcap & Penny Stocks : ALFN - Toy Store On The Internet -- Ignore unavailable to you. Want to Upgrade?


To: mwh who wrote (935)2/22/1999 11:45:00 PM
From: David in Ontario  Respond to of 2136
 
Hi Mark - could easily see $3 again in this momentum cycle

(1) The float is small as 'smacs' indicated, (2) the buying interest remains high, (3) the upcoming revamped web site is a strong positive and will be very well received, (4) the very good showing of ALFN at some recent trade shows is a positive, (5) they now have a professional PR firm to represent them - another positive, (6) the long-term prospects going forward look very good (toys are a big business), (7) today's News is very good and indicates some of what lies ahead near- to mid-term, and (8) Michael Porter the president of the company has a prior record of success.

The pull back today is not that surprising given the strong run this stock has had in the last few days. It did bounce back very well after dropping below $2 just after 10 AM - and again late in the day.

The entire week for ALFN should be strong. The relatively low number of shares outstanding and high current interest makes for a powerful combination.

Till tomorrow,

David.