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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: eugenic1 who wrote (124)7/18/1996 5:07:00 PM
From: Patrick Tang   of 849
 
Roger: Today, like clockwork, NMPS reached its then "ridiculous" projected price of $11. Why ridiculous? It is because when I wrote posting #120 to make price projections in rebounding, its price was $7.375. Mr. Elliott, thank you, tthank youu and ttthank youuu!!!

Roger, you had to make special efforts to contact this PR person to get fundamental news from NMPS. Why couldn't they issue press releases to ALL the shareholders and tell them what's going on? Even though they withdraw the PPO, its threat is still looming. In order to re-build investor's confidence and to lure greater fools in to become bagholders, they HAVE to clear the air, one way or the other. Next time when you speak to Steve Chubb, please tell him that one of the large shareholders is not happy with his PR work. Thank you in advance.

Back to the technical stuff, I believe the longer NMPS lingers above the 200-DMA, the better and stronger base it is going to build for launching the phase 3 expansion. Time is now on our investor's side (not traders). Although I have a 45% appreciation in just two days, I have NO plan to unload. If more and more traders agree with some of my reasonings (posting #120), then they will logically become investors and hang onto their shares for the ultimate ride to $28 and beyond. Hence the floating shares will disappear fast. I will pay close attention to the specialist's activities because they WILL sneak the price down to test the 200-DMA again. Guarantee.

Lastly, because I have reached a HIGH today, I plan to attempt levitation tonight during meditation. (of course from the bedroom floor, and not from my 2-story window sill. This monk might be mad, but he is not suicidal, even though he fully realizes that his days on this world are numbered).

Best wishes.
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