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Microcap & Penny Stocks : Z - The Venator Group -- Ignore unavailable to you. Want to Upgrade?


To: agent99 who wrote (30)3/10/1999 9:50:00 PM
From: Joseph H. Leiti  Read Replies (1) | Respond to of 66
 
All, So what's the opinions out there since the earnings release ! OK they missed, but at such a depressed price level are we really going to plummet from here (from the 20s) OR since a lousy quarter, even year, was expected and possibly already built into the price at this point, should we be looking for a floor at these levels and or rebound ???
Myself, I've already taken a nibble and/but don't think I'm really ready to throw in the trade. Average in ? guess we'll have to see the tape in the AM. 2's I'd average, 3s endure the pain (guess it could be a long term hold, 4s I guess no sweat,
...rebound... who understands the market anyway :). Let's face it we all know stocks with NO EARNINGS OR REVENUES that sell for a higher price than Z. This company did 1.33 billion with a "B" (did I read you right, for a quarter). You gotta love this business called the "Market"
joe Naples Fl