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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: John Allen who wrote (137)8/8/1997 10:13:00 PM
From: HRAKA   of 1672
 
pardon my ignorance, but why would the "reporting person" be selling the stock cheaper than he bought it for? (correct me if i'm wrong)
$625,000 divided by 972,000 = $0.64???? Am I missing something cause
i usually am (hence i take a broker's advice).
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