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


To: Terry Maynard who wrote (38)3/15/1999 11:31:00 PM
From: Joseph H. Leiti  Read Replies (1) | Respond to of 66
 
I would think with the prospects / speculations / rumors of either a takeover (@ 8 - 10), a good turn around etc. and a book value estimated at 7.+ that it shouldn't be too long before we see at least these levels. Tech (charts) as a break out today, resist shouldn't hit until the 7ish level ... through 7-7.50 we should get the 10s+. This stock has a lot of room to the upside to work in. At a retracement from the 98 high (looks around 26ish) to recent lows (say 4), a 50% puts this at 12-14 (2xs current book). Anyones guess.. but I'm looking for 9 - 10, how long is the question