Ocean Bio-Chem, Inc. ( OBCI ) Message Board

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Microcap & Penny Stocks : Ocean Bio-Chem, Inc. ( OBCI )

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To: Tom Allinder who wrote (1)	2/17/2000 6:55:00 PM
From: Richard Mazzarella	Read Replies (1) of 6

Tom, thanks for posting to the thread. This stock is amazing, nobody knows what to do with it. Institutions can't buy very much or the price doubles without the institution investing any real amount of their cash. Since the overhead to dd and buy a stock is the same, stocks that sink a reasonable amount of their cash is desired over something that moves on a few hundred shares. Notice that today the price hit $2 on just a few thousand shares bought, then went to the low with a small amount of selling. The company has created a company with a stock liquidity that hamstrings itself. I'm waiting for a deep pocketed investor to cause a blowout to the upside on some reasonable buying that will get the trading going, of course at much higher prices. Maybe the company should consider a stock split to increase the number of shares?

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