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Microcap & Penny Stocks : Pharmos(PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

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To: Don Walster who wrote (1007)7/15/1998 1:29:00 AM
From: ROBERT M. SILVER   of 1491
 
Dear Don and Ken,
The disclosure that Don holds 60,000 shares of Pharmos certainly adds to his credibility, but irrespective of the stock holdings both Don and Ken (Wolfdog2) has been contributors that have shed both light and wisdom to the meanderings of Pharmos the last month.
If you count Mr. Rosen, readers on our thread and SI probably hold over 3,000,000 shares of the company, certainly a formidable force.
This group acting in concert certainly should be able to drive the shorts to cover. There are more long holders of pharmos than there are shorts. It probably will take one good rally day for some of our readers to get the chutzpah to buy more stock.
In the meantime I thought the Globe article of 7/14/98 was great.
I know Ariella has bought 10,000 more shares. My friend Ken added 2900 yesterday. Stock stabilized today at 2 3/8. Look for it to rally later this week.
Thanks for reading.
Robert
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