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Microcap & Penny Stocks : IGNE Igene Biotechnology
IGNE 0.000010000.0%Mar 6 3:00 PM EST

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To: candsrr who wrote (159)2/12/2001 10:15:55 PM
From: Dwayne Hines   of 209
 
Here is some good DD on the company; recent stuff (Dec):
bizmonthly.com
I think the company believes it has a strong chance of winning the lawsuit. At $300 million, and with a float of only 7 mil,that should bob this one to the top fast. Even if they only get a part of that, or favorable settlement (I read that the judge threw out ADM's request for dismissal) the stock should rocket. I watched ANTM (now ARCS) jump from .13 to $4.97 in a couple of months and it was carrying 7 times the float this one has. Last spring this one went from 4 cents to .64 in about 16 business days.
If you want to do some really good DD, chase down the info on the director, Thomas Kempner, and his connections.
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