SHELLS SEAFOOD RESTAURANTS | Stock Discussion Forums

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Microcap & Penny Stocks
SHELLS SEAFOOD RESTAURANTS

An SI Board Since September 1999

Posts	SubjectMarks	Bans
3	0	0

Emcee: ozzi	Type: Unmoderated

Introduction Compact

9/11/99
SHELLS SEAFOOD RESTAURANTS HAS BEEN HOOVERING AROUND ITS 52 WEEK LOWS FOR ABOUT A MONTH. DUE MOSTLY BECAUSE OF THE DRAG THE MIDWEST RESTAUANTS HAD ON THE STOCK. IN THE LAST COUPLE OF WEEKS IT HAS BROKEN THROUGH THE 3 DOLLAR RESISTANT LEVEL AND SEEMS TO BE HEADING UP. QUARTERLY'S ARE OUT SOON AND THERE MAY SOME GOOD NEWS ON THE HORIZON AND THAT MAY BE WHY WE ARE SEEING SOME ACTION. ONLY 4 1/2 MILLION SHARES OUTSTANDING AND A PE OF 25, (NOT BAD, WON'T TAKE MUCH EXCITEMENT TO MOVE THIS STOCK, EITHER WAY).
ANY THOUGHTS,
GARY

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Reply	Message Preview	From	Recs	Posted
3	Thanks for the response folks. Yes I am very familiar with their restaurants.	ozzi	-	9/13/1999
2	I do not know much about this stock or their business model.. But I can tell yo	c.horn	-	9/11/1999
1	Took a quick look at the most recent 10-Q. I am not a restaurant expert, but I	Glenn Petersen	-	9/11/1999

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