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Microcap & Penny Stocks : Agiss Software (AGCR) - Year2000 + -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Smith who wrote (1363)4/17/1999 11:45:00 PM
From: Qone0  Respond to of 1811
 
24 months on a penny stock. That's like three life times. <g>

Charting I'll take a crack at it. Heavy resistance at .25 was strong support there. It was a low volume event however. But it also is close to a 10 bag from a point of major accumulation on this stock at .025 to .035. A 10 bag move is major sell point on a penny stock. Most all of the accumulation volume will have to turn over at that level for the stock to move higher.

However with huge news it will blow this after a shake.(example TNRG)

So the question is. Is this another TNRG? Only the news will tell.



To: Patrick Smith who wrote (1363)4/18/1999 12:43:00 AM
From: P.E. Allen  Read Replies (1) | Respond to of 1811
 

To: Dantex2 (1333 )
From: P.E. Allen Friday, Apr 16 1999 4:36PM ET
Reply # of 1364

Hey I don't know the history of this company, but from the old news stories I don't understand what happened to this stock.

My target is a quarter and I see this next week.

Based on the chart it is very bullish.

This stock is headed much higher.

Ten cents at the open and fifteen cents by ten thirty on Monday.

after that you have to decide.




The above post copied was my comment on the company the quarter is the top that I see, but the comment I made after viewing the chart was fifteen cents.

I really see this stock going back to over a dollar in the intermediate term.

Any kind of a press release or earnings this stock would go bonkers and you know it.

This right now is a rise by pure momentum, after tax buying, and investor attraction based on the incremental price increase and the share volume the last two trading days.

This is a sound company, it has a product, news will be released, some type of an earnings press release will be made, and a significant change in the control of the shares of this company has happened.

Hey when a stock has been punished for no apparent reason and the stock is in strong hands, it will rise very quickly.

Investors have to decide. There are many investors that buy a stock and sell it the same day or within three days of when they buy it.

This is not one of those stocks in my opinion. This is an intermediate hold stock. This stock will seek it's own value level now that it will be given a chance to gravitate to it's true value.


CHARY