Pick price: .002
JRCOQ Journal Register Company is the new "Pennies to Dollars" stock
pick. JRCOQ just filed for bankruptcy protection last weekend.
JRCOQ is a low float, fast moving stock with approximately 39,358,272
shares outstanding as of April 30, 2008. Based on the current stock
price & outstanding share count JRCOQ has a market cap of
approximately $80,000 !!!
"Pennies to Dollars" opinion:
In the opinion of "Pennies to Dollars" JRCOQ based on its low float
and very low stock price; easily has the potential to be a multi-
bagger stock pick. And with a significant increase in volume and hype
JRCOQ could even have 10+ bagger potential !
Some due diligence:
Link to Journal Register website:
http://www.journalregister.com/
Link to recent news releases:
http://finance.yahoo.com/q?s=jrcoq.pk
About Journal Register Company (from their website):
Journal Register Company has grown from a newspaper publisher to a
multi-media corporation that reaches 450,000 subscribers with its
daily circulation. It owns 20 daily newspapers, including the New
Haven Register, Connecticut's second-largest daily and Sunday
newspaper, and The Oakland Press, the third-largest daily in metro
Detroit. With nearly 200 non-daily publications owned by the Company,
around five million people get their news and sports from us. Our
publications are located in six strategically clustered geographic
areas: Greater Philadelphia, Michigan, Connecticut, Greater
Cleveland, and in New York State's Capital-Saratoga and Mid-Hudson
regions. Furthermore, multimedia avenues allow the news to be
delivered through more than 200 newspaper and specialty Web sites.
JRC also manages a number of niche market publications and three
commercial printing operations.
"Pennies to Dollars" stock picks are generally high risk /
speculative short term stock plays. IF you choose to play JRCOQ;
choose your entry/exit points carefully.
Information provided in this profile/update is the express opinion
of "Pennies to Dollars".
We ask that our members and anyone that views our stock profiles,
updates, and forums always do their own due diligence BEFORE
investing money in any stock mentioned on or picked by "Pennies to
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Disclaimer: We own shares of JRCOQ and other stocks that we buy and
sell for profit. "Pennies to Dollars" and its affiliates have not
received any type of compensation from JRCOQ or any other third party
in exchange for this stock profile/update.
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imo
pennystocks_rule
Administrator