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Biotech / Medical : Medical Industries Of America, MIOA

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To: Tadsamillionaire who wrote ()11/23/1997 12:24:00 AM
From: Tadsamillionaire  Read Replies (1) of 570
 
MIOA has all the right stuff to fly. New Management, Some Cash, in a niche area of business that has potential. And some new institutional buying. This criteria shows that the company is in a positive mode.
So why has the price fallen ?
Why hasnt MIOA taken off to the $4.00,$6.00,and even the $8.00 mark?
What is the hold up?
Management own's the stock too.
They benefit when the price goes up. So I must disagree with a few previous statements.
The short situation at the early part of the year is taken care of.
The spin off of non money generating facilities has taken place.
So why in this robust market are we still where we are?
This is all my thoughts and opinions. All replys are welcome.
Great Trading to all................TIM
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