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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (2485)4/20/1997 9:50:00 PM
From: paul goldstein   of 4342
 
before i forget.
market makers never take positons in stocks. they don't carry
inventory.now they will have say, 10 or 20 thousand shares
just for the days work. but, folks, they do not care if a
stock goes up or down. they are the house, like in a casino.
now, of course they need workingt stock and will take
advantage of a move , either way. but, over the counter does
not mean a market maker will make a price or even give
you more than 500 shares either way. yes, charlie scwab
will guarantee 2000 shares , either way. but, after that, he
lets the bid and ask and size rule the trades/
back t prln. last october, fda gave an inspection for the
new products. they had 90 days to voice an objection.they did
not do so. i checked.
now , yes, they can allways change their minds. yes, hold your
tax returns for three years, and seven years for some other
reaason. and yes, no time limit on fraud.
so prln is selling a little natural product with a label
saying little of inportance.
hat to say it, but, vitamin companies bring out these
type products every day, every week. some even grow hair.
some affect your sex life. some everything in the body.
my point, if i remember is, our product is just a product
we will get sales by work of mouth and repeat sales from users.
its simple.
i forget what else was mentioned this weekend.
o yes, who sells? again why did the market drop 10% and gain back
5% the following week. effecient market forces
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