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Author Topic: vertd 1.00
shoot-the-messenger
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The company is a POS but its a dirt cheap POS at the moment. Company just completed a 1:7 R/S which puts the current OS at about 7 million shares with 21 million AS. The price was really hammered after the R/S down to its present 1.00 level. With the market cap being only about $7M for a NASD listed stock, I just couldn't resist picking up a few thousand shares down here. Besides, the price may have stopped its slide and any interest at all could sent it up 50% easy. Figure I'll limit the down side to .90 or so with I believe a better chance for a little baby run to 1.40 - .50. Fishing that bottom again,I know its not everyones cup of tea.
stm

Posts: 79 | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
   

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