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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: ciVic who wrote (4154)5/6/1999 10:44:00 PM
From: Jim B  Read Replies (3) | Respond to of 108040
 
civic, do you remember what happened when SNMM put out solid earnings when they were trading at 50cents???

shortly after that they got a write up in some major magazine.. FORBES I think... couple weeks later walstreet had finished its homework and then stock shot up 3000% or so..

now SJIG is certainly no SNMM... but my illustration is that sometimes it does take a little while for word to get out with these pennies... but the ones that truly have good earnings.. usually get a fair valuation on their stock price in time. I'm likely to accumulate on dips with SJIG and hold for a little while as well.

just depends on what my other plays do as to whether I want to tie up too much funds in one stock or not.. we'll see ..

also going to have to look into XSNI... hopefully I'm not too late on that one.

jim