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Microcap & Penny Stocks : CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT& -- Ignore unavailable to you. Want to Upgrade?


To: LT who wrote (286)3/2/1999 6:02:00 PM
From: myturn  Read Replies (1) | Respond to of 694
 
I am just speculating and taking into account if any of the MM's are short. I have watched it trade every day tick by tick and from my calculations of the buy to sell ratio; someone is short and that person will be looking to fill his/her short position at the open or within the first hour of trading.

This thing has the potential to run to $10 to $15 tomorrow because the float is so small. The way it moves and trades; it reminds me of RFGI.

RFGI ran from $2 to over $12 in one day on the announcement of their web site up and running with out any numbers in it.

CRNC is acquiring revenue in excess of $77 million dollars with net revenue of $16 million.

The CEO said their are more acquisitions on the table and we will be seeing those announcements soon.

CRNC is a no brainer. No matter what the outcome in the next 24 to 48 hours, 2 weeks, 3 months or even 1 year from now; CRNC will be trading higher than what is today, barring a castrophe.

JUST MY OPINION.