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Microcap & Penny Stocks : Metalclad Corp. (MTLC)

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To: JMM3388 who wrote (9)10/17/1997 12:23:00 PM
From: Saulamanca   of 87
 
Anytime you trade 1.3 million shares, 6x average trading volume, somethings up. Somebody wanted out. Metalclad's price doesn't move with the market, so I don't think it's just market jitters. This stock has been on my watch list for a long time. I first heard about MTLC on CNBC when Gary Kaminsky of Cowen & Co was talking about them. I started buying yesterday. It's still a gamble, but at a buck a share I like the odds.

Jim
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