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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: sim chambers who wrote (59034)3/1/1999 12:44:00 PM
From: Bouf  Read Replies (2) | Respond to of 119973
 
MRPS ..great volume..starting second run now...



To: sim chambers who wrote (59034)3/1/1999 12:47:00 PM
From: David D.  Read Replies (1) | Respond to of 119973
 
Dow and Nasdaq down, FTEL up on Solid News, Price and Volume - GGGGG

David D.



To: sim chambers who wrote (59034)3/1/1999 12:49:00 PM
From: Tom Latham  Respond to of 119973
 
Undervalued, Underfollowed, and totally misunderstood.

ASCT (ASCENT PEDIATRICS) trended from over 4 to well over 7 on takeover
speculation.
When the "takeover" came out as an infusion of cash(12mil) and subordinated note (28
mil) to enhance the growth of the company, ------The bubble burst as those that had
just gotten in were looking for 10 so they exited.

Look at the chart, 50d BB bottoms at 2 5/16.
50d MA pegs @ 4 1/4
50d BB top tracks @ 6
Vol is ultra thin
Float 1.7 mil shares
The suitor ALO (ALPHARMA) has acknowledged that a pure buyout may
happen.

The company (ASCT) now should gather momentum and get back to the 50d MA of 4
1/4 then trend to the top band of 6 without the buyout consideration just in their
business aspect alone.

My 30 day target on ASCT is 6 (a double), 90 day target is 8-10.

ALPHARMA is not commiting 40 million dollars and holding the option to buy a
company that doesn't have a bright future.... They know much more than is in the
print.... Your DD and you should see......

Stock is already good volume today, up only 1/4 and if volume stays at this pace could easly close around 4 today.