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 : Paracelsian Inc (PRLN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Mazzarella who wrote (2482)4/20/1997 1:48:00 PM
From: helkel   of 4342
 
Old saying goes "When everyones yelling, start selling and when they are crying its time to be buying"or something like that. Hope that is true here> But anyway, couple of comments:
1. I spoke to comp friday as I posted prior and did not get a warm fuzzy from person I was speaking to. i feel something which is not positive (linked to fda) is definately up. Fridays volume is crazy and its not buying, it was definately selling.
2. Market makers do enact transactions, but the also maintain an "inventory" if you will with stock. If their is no buying and they are forced to maintain "an orderly market" they lower the bid and usually the price in a hurry. Much like we have here. If they are forced to buy and hold the stock they like to buy it cheap.
Everyone needs to look at what they know and what they want to do. The facts are all that matters and call the company to get a sense of what's happening (18004753141).
I think a press release is omnimously awaiting which may legally explain some of the price decline. Publicity company is 617-332-0101 guys name is Jeff i believe. just ask for prln rep.
K
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext