Our speciality is finding metal stocks but CPNE is too good to pass. Chart is in a bullish formation with RSI rising and accumulation is exceptionally strong. CPNE issues news regularly so a few major annoucements, it can move fast.
Earnings are increasing and CPNE is heading much higher. If they make 15c this year ( they already made 11c so far) then P/E is 10. Our research shows that might be on pace for 20c then P/E 7.
Our intial target is $2 by the next few months and $4 by middle 2007. We have been very accurate lately with NCV and VML so our research is valuable.
CommercePlanet Announces $2,000,000 Stock Repurchase Program
Commerce Planet Announces Combined Revenues Reach $9.7 Million. Earnings for the quarter ending September 30, 2006 were $0.07.Basic per share for the nine months ended September 30, 2006 was $0.11.