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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 (258)3/8/2000 3:01:00 PM
From: Brian MacDonald  Read Replies (1) of 298
 
John,

Have to admit that there hasn't been alot of conviction on the part of big players to this stock. I would think that if you put a few million on the table to back a company, they would also want to see the stock trade higher and provide buying support to ensure the stock stayed there.

Canadian firms seem to approach the market differently. In the US, the stock price is an important tool in the equation when looking to expand the business. In Canada, it means squat and they don't try to maintain a high price that would in turn diminish dilutive impact of a share exchange, etc.

Someday soon, some little company is going to come along and scoop this company up for peanuts.

Brian
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