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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: Lenman who wrote (339)11/14/1997 11:50:00 PM
From: Art C.   of 1672
 
Joey----Here's the run down of the trades today. There were only 4:

10:40 20,000 @ .25
12:51 42,300 @ .2344(15/64)
13:10 5,000 @ .2656(17/64)
13:53 26,000 @ .2656(17/64)

Strange numbers considering that the ask was .26 and the bid was .24 all day. I would assume that the last two were buys. Maybe we will learn something by Monday. I came within a gnat's ass of grabbing about 20,000 more today just on a feeling after re-reading some of the old news releases; especially the latest one about the 5mil loan. The company that they were dealing with had some very positive things to say. I did a little reading between the lines on the comments too. For instance, the comment was made that if UMSI could acquire the capitol that it needed, it would be a leader in the field. Or something to that effect. Tells me that we have a company with good management(hopefully), with a good idea and product, acquisition crazy at the moment, and probably as broke as my brother-in-law.

Here's Luck

Art
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