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Microcap & Penny Stocks : CRYOPAK CII.V
CII 23.29+0.3%Dec 9 4:00 PM EST

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To: John M. Allen who wrote (226)2/18/2000 8:55:00 PM
From: Brian MacDonald  Read Replies (1) of 298
 
John,

I hung in to this point because I felt that some important 'insiders' had paid too much for their shares to let it keep on going down - or even stay down in the $0.50 level. Although it's nice to see the price recover somewhat, it would be nicer to know 'WHY'.

I guess you might have gathered by now that I'm not a big fan of the 'secret', or 'selective', PR info plans that permeate the markets - and not just small/mico-cap stocks either. I figure that if a company is 'public', they should make information available to everyone about how they are progressing - that goes for whether the info is good or bad and let the market decide. I can understand that there are some negotiations that require 'quiet periods, but that shouldn't stop the company from letting shareholders be informed of where things are at.

Here we are trading at ~ $0.90 again (which is almost a double from a few weeks ago) and we don't have the foggiest idea of why the stock is starting to move. Obviously people who are close to the action are aware of new and important event and are loading up because they see the stock headed much higher.

We'll just have to wait and see what develops.

Brian
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