SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Matritech (NASDAQ - NMPS)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Marks who wrote (401)4/8/1997 4:05:00 PM
From: Damon Pham   of 849
 
If IR didn't have any explanations for the recent freefall in the stock, I don't see why they would have one when the stock is rocking. Remember, insiders hold more than 80% of the company stock so they can ignore us minority outside shareholders. :-(

On your question about where to buy in at, it depends on if you are a day trader or long termer. If you can stomach some swings, buying in at these levels is fine (and cheap compared to a few months ago). However, I do think the stock will drift again if no news hits the wires (and I don't expect anything major in the foreseeable future). You can get the stock at lower levels if you are patient. Unless there is something unexpectedly positive in the earnings report due on 4/28, I think the stock will see 4 again. The technical charts of this stock look horrible. I would not, however, short the stock due to the unpredictable nature of when news could hit and power it back up again (which is what has happened in the past).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News