This steady performer has climed from 10 cents to close at 64 cents today. The Company is in the wireless tech business.Take a look at the last 2 pr's and such a low float of 4 million. If you like opportunities presented to you, at least do some checking before this one takes off from these levels. Best of Luck Irish
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Okay well I bought another chunk of SCOS today as I average up my position.
This is a great flyer for this board and about time we had a real winner, I think we may hit resistance in the $1.50 or so range, but do recommend this as a solid buy right now in my opinion of course, and provided you do your DD.
With all the bloodshed of late that others have pointed out I am glad to see more and more people starting to take a hard look at this one from our little community.
Wise traders know that this has serious legs, and that is why allstocks is such a good place for sharing information.
Watch how fast this will run once it hits a dollar, lots of predictions on this one but I am just going to say we should see a double fairly soon.
i see nothing bad about it, but i have learned to avoid stocks with too low of a float....most stocks go down quicker than they go up....that's just the way it is...as far as the company goes, i have no idear if they are good or not....according to the 10Q from 8-16-04 they: A)have 6.7 mill shares oustanding B)have 145$ in cash C)pay 500$/month rent???? (that's not much...) D)i would expect them to have to issue more shares to grow because they, E) show no income.....
the charts definitely say the PPS could/will still go up......
[This message has been edited by glassman (edited September 16, 2004).]