June 7 th stock closed at .59 x.61 with nearly 1 million volume...presently it is .62 x .65 with nearly 1 million traded around noon time Monday, June 10th. This is what the Phantom has said about the stock.
PRODIGY(R) interactive personal service 06/10 01:12 PM
Board: MONEY TALK
Topic: THE EARLY BIRDS
Subject: PHANTOM - NVID
To: ZPGR64A Rodney Lynn Date: 6/9/96
From: MXDZ68E Raleigh Baughman Time: 2:48PM ET
Irene,
Thanks for the information. I reco'd this stock because it
has a two fisted punch. What your previous posts don't
convey very clearly is that there are two separate and
distinct products.
Ionization is more a purification of water process and is a
growing market unto itself. They have top quality
purification processes that are quickly being recognized in
the form of sales to some pretty prestigous accounts, (as
you have noted). Just recently the MIRAGE Casino in LV
bought a large system and they have several large hospital
government, and commercial talks underway.
The second product is a disinfectent, what makes this so
unique is that it is safe for human consumption. That's
right. It is currently being tested by the USDA and also
awaits FDA approval for consumption. So I am told.
From what my sources say, this product contains no toxic
chemicals and everything that makes up the products formula
is currently considered safe by government standards. Or so
they claim.
That $30 billion market seems far fetched, until you think
of every meat processor, every supermarket, every hospital,
every restaurant, not to mention households. But as I dug
further, I also found out that this could be used in place
of chlorine in public water systems to kill bacteria, and
it's supposedly safe.
This could be huge.
The stock technicals are also looking very strong, it trades
nice volume, and has been trading in a tight range of .50 to
.62 for a few weeks. Last Fridays action was impressive in
face of a declining market, the stock was showing strength
all day and closed at it's highs on increasing volume.
I like the story, I like the technicals, and I have been
reco'ing it for weeks. I look for a breakout this week to
the 1.00 level, and expect news to be forthcoming soon. If
the news of the USDA or FDA should hit, watch out, this will
go off the Richter Scale.
In the mean time it is bouyed by their constant growth and
cash flow produced by the Ionization end of the business.
I would highly encourage anyone to call the 800 number and
get a due dilly package. It only costs you five minutes.
RB |
