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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: Linda Kaplan who wrote (2797)6/8/1999 4:11:00 PM
From: Robert E. Winston  Read Replies (2) of 2911
 
>Interesting day today for our stock. To what do you attribute the
>quick move this morning?

Most likely, it's speculation that the company will finally have something positive to say at the board meeting Thursday.

The downside is if there is no news the speculators will bail out quickly.

Even if there is good news they will sell but others will take their place.

The two big players are up today (HLTH & SNTC) while the small frys are down, except MDIX.

techstocks.com

Not sure if that's anything more than a coincidence, but I still think this company's only future lies in being acquired, and soon.

FWIW, a lot of the trades today were big blocks of 10k or more. A 45k block was bought on an uptick about 3:40.

This company has few if any institutional investors and $33,750 is not a casual investment for most individuals.
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