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Biotech / Medical : Misonix Inc. (MSON)
MSON 26.540.0%Nov 22 4:00 PM EST

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To: Jerzy Dziedzic who wrote (513)10/31/1997 1:10:00 PM
From: md1derful  Read Replies (3) of 947
 
Yeah, these drops are a pita!! As I posted earlier, possibly on this thread, I went through this parabolic behavior with two stocks last year..EISI and LUMI, virtually buying and selling them at the same price within a short period of time after they had tripled!!! These parabolic declines in these small caps are so precipitous that before your denial wears off, you've lost 2/3's of your profit and then you say what the heck. Well I'm at the "what the heck" point with mson and quite frankly there's not much more that I'd like to be parking my moneyinto at this time, so I think I'll just wait till we complete the parabola!! REaly tho..I do like the fundamentals of the company altho as I have said in the past, I think they split the stock way too early and it was ultimately a disaster given what happened to the stock price while we waited for thesplit. If everyones complaining abut the float now...where were they when this premature stock split was announced?? I have never seen a stock perform so poorly in the weeks leading up to a split on virtually no news, leading me to believe that it was the split itself which was the culprit!! Just a thought.
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