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Biotech / Medical : KDUS, who knows this company?
KDUS 1.6000.0%Jul 2 5:00 PM EST

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To: James Yu who wrote (20)1/9/1997 5:23:00 AM
From: Cuong Huy Nguyen   of 117
 
I thought "float" represented the number of shares available for trading in the hands of the general public. KDUS has around 12 million shares outstanding, but most of it is held by insiders. According to
Market Guide, Cadus only has around 700,000 float, which means this stock is extremely volatile. I would not short this stock, but at the same time I would be stupid to buy at these levels. This thing has shot up around 100% or something in three days! Some guy says this things going to $40 in twelve months and everyone jumps on the bandwagon. It's crazy. But hey if any of you feel like taking the risk, go for it. And if it pays off, good for you. As for me, no thank you. I've lost enough money going after hot stocks like this one.

Here's where I got my info from if anyone is interested.
www2.marketguide.com
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