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Microcap & Penny Stocks : Iatros Health Network Inc

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To: jpbp who wrote (469)11/21/1997 4:56:00 PM
From: Ontherise  Read Replies (2) of 560
 
J,

I don't know about the trade at 11:01, I didn't see it, but if it is really large, it must be one of those deals. As far as this run up(42.9%!) my only thoughts are that some of these investors who already own it decided to average down, especially since REALLY good news is supposedly pending release any day.

The recent Q results didn't look as good as I was expecting, but they were at least half way to breaking even, after you remove the one $1.5M writedown. By my calculation, they lost $.0315/share, mostly due to the interest expense. I'll try and ask about it at the conference call on Tuesday.

Kevin
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