Monday, April 23, 2007

ATLJ - Will we see pennies soon?




We've held ATLJ as our pick waiting for it to rise... and it has done just that. Just not as quickly as your average sub-penny stock.

We called ATLJ at $.0025 and today we've finally broken the $.004's which represented a big moral victory as far as breaking through resistance. With a new CUSIP and TA ATLJ's ticker symbol might as well be CASH, because that is likely what shareholders will have more of in the future.

A 64% gain with more gains on the horizon. We anticipate $.005's before weeks end, and if today's action is any indication, we are likely to surpass that number. Realistically we could see $.01 and beyond within a month.

With an estimated EPS of $.01 or more a share and the confirmed absence of dilution, this stock has a fair value of $.10 a share. That is if management follows through on its recent PR's. $.01 would be more than a double from these levels, which make for a great entry point.

As always do your own research and visit us at http://www.pennystockforums.net to discuss this blog and stocks that you enjoy watching.

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