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.11 and Up!
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NCEY .085 (New Century Energy) UNDERVALUED!
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[QUOTE]Originally posted by PCola77: [QB] Guess I'm just a skeptic, but if the company was really worth multiple dolalrs per share, people a lot smarter than you or I would have already gotten it to that point. In other words, if a NYSE company closes today at $10 per share and accepts a buyout after the market closes for $15 per share, it opens pretty darn close to $15 per share (with some variance due to people think ing the buyout will fall through, or the offer will be raised). Down here in penny land we're a bit slower, but why in the world would it take months for the "real" value to be priced in, unless you know of more news taht will be coming out. My only point is that logic dictates taht it is much more likely that this run is more due to buyers and the low float than it is to actual company value, and that everyone should play this carefully, and no different from any other penny stock. Remember, everyone's stock is "the one that's different from the other penny stocks", and yet invariably, all penny stocks end up being the same... [/QB][/QUOTE]
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