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 : Cistron Biotechnology(CIST)$.30

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Liu who wrote (755)6/18/1997 6:33:00 PM
From: RAY WACLAWSKY   of 2742
 
I think both you and Mr. Metcalf's points are valid and probably more accurate than mine....however, with the majority interest and the amount of cash in hand, plus the annuities to yr 2000, they can do as they please disreguarding the stock price.....
Why is it in their interest to see the stock price higher?
Yes, the volume has been insignificant but it has had a bias on the sell side since I have been following @ .36 several months ago. I find the strong fundamentals both present and future, coupled with the weak transactions for the last few months, is reason enough to question who is selling and why......even though it is negligible!

All the best,
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext