PLSIA (Premier Laser Systems) Message Board

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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: Winston Kim who wrote (778)	6/20/1997 4:38:00 PM
From: wmwmw	of 1773

We know that this stock has some fundamental potential and we know that there is somebody to manipulate it. There is a big guy Mr.Bull there. And there are two different stories: Mr. bull's resistant line was on $10 1/4 and because he has some relation with the company, when he lost his resistant line he got some help from the company. So when his rival either shorters or MM attacked him and broke $10, he regained his place with a news release. But he will not have power to push the stock above some point, say, $12 7/8. Or: Mr.Bull wants to trade the stock but he didn't have enough shares in hand and so he decided to buy at some point below $11, say $10 1/4 - $10 3/4. But every time he bought some shares the stock went up above $11 so he tried to let the stock down to break $10 and collected enough shares there. Now he is ready to push the stock higher and higher and he actually has the power to do that. Both stories are possible and I personally think the second is a little more possible as I saw several times the signs of accumulation in this stocks in past a few weeks. These are only my imagination and let's see what happen next week.

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