Covalent Group Inc (CVGR) an undiscovered CRO Message Board

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Biotech / Medical : Covalent Group Inc (CVGR) an undiscovered CRO

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To: Gurupup who wrote (19)	10/21/1997 11:34:00 AM
From: Clayleas	Read Replies (1) of 107

Skip, Any idea why the stock has taken a nose dive in the last few days? I'm not worried about the long term. However, I am concerned because the company just made their presentation to NASDAQ for listing last Thursday and they said it went well and they should hear the result later this week. But now the closing bid yesterday was below the $4 minimum set by the NASDAQ for initial listing (but still well above the $1 required for continued listing). Why did this start going to hell immediately following the presentation? Do you know if this will affect listing? Jim

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