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Microcap & Penny Stocks : Trim a Lawn - (TLWN) -- Ignore unavailable to you. Want to Upgrade?


To: Jack Kennedy who wrote (395)3/21/1999 9:04:00 AM
From: jmt  Read Replies (1) | Respond to of 1522
 
Jack:

Your post was to the point. BB stocks are driven by emotions, momentum, rumors and much other than fundamental values in the short term. They move up quickly, as well as down.

Given these unquantifiable factors, I believe you can agree forecasting future prices is purely a guess. And eventually the price stabilizes around its fundamental value. Its all in the timing

This company has a niche product which could find a market. In which case the an argument could be made the fundamental price should be higher. This certainly limits the downside.

Amy did an excellent job in reporting objective statistics on the company. One thing that is unclear is the plans of 144 shares. Very interested in how management views their future.

jmt