CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: TA2K who wrote (1074)	6/11/1998 8:18:00 PM
From: Mr. E	of 1172

from # 1047: <<IMO, CMTR is a company with a long (relatively) history of troubles: multiple layoffs, management changes, declining stock price, little or no growth, etc. At these prices it might be worth gambling. But, again IMO, the investment would come under the heading of "wishful thinking".>> Yesterday and today were the result of PFE watchers getting some action based on CMTR's name being in the same news with their sweet thing. Sort of a mini feeding frenzy (yesterday). When some CMTR holders realized what was going on, they put in their sell orders hoping to pick up a few cents/share. By that time (today), there was more bait in the water then fish willing to bite. Also, by today, the fish had had a little time to do some DD and went looking for more appetizing fare. LOL

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