Market Watch
NanoCap Gems Update | It seems as if the whole planet is holding its breath while waiting to see what will happen to housing prices in the United States. Will they fall enough to cause a crisis in confidence that will turn the globe's biggest spenders into scared savers? | |
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| NanoCap Gems Update |
| Monday, 10 December 2007 | |||||||||
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We wouldn’t be surprised for this company’s stock to move to $10.00 a share in the next year! SYNX: This stock zoomed past its averages of $2.04, and popped to $2.20 on our alert. However, with a suggested stop of around $1.80, the stock definitely corrected, even though an earnings run was expected. We still believe the stock could easily hit nearly $3.00 a share with any kind of solid news, or report, so, if you can handle holding these kinds of stocks, we feel averaging down here is not a bad idea. EONC: This stock surged past its 200 day at .94 cents on our alert, and hit nearly $1.20 in days! A real solid day trade. However, again, this company is very speculative, and there are a great many things contingent, such as a merger with a company called Cortelco, offered to its shareholders. For the truly aggressive, it’s a great time to average down, and shoot for the $1.50’s as measuring stick. Can it happen? Well, the correction wasn’t kind to EONC that we know. And this company has many things on the table, such as a proposed merger with a company that has a nice cash flow, but still must get through the paper work to be certain. So, that’s a lot of speculation. And other things as well. Nevertheless, if you’re very aggressive, and can handle risk, (because in January, this company is also on notice for being delisted-a share price deficiency), then you have a chance of being rewarded kindly. If you want more certainly, you need to move in to a company like WSCI, or perhaps, move out of this sector, of nano-sized companies. These companies are again, highly speculative. They aren’t without issues. There’s many reasons why they sell for these prices: cash flow, cash on the books, vision, dilution of the stock, expenses, bad quarters, slow down in orders, and many more factors. These companies aren’t Dell, or Microsoft, or GE, or others like this. These are tiny specks on the radar screen. But what we’re trying to do is find the gems in this area that we feel are undervalued for a variety of reason! Stay tuned! Source : This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
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