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Biotech / Medical : Caprius(CAPR), Breast MRI(former ANMR/MAMO)
CAPR 5.879-4.8%Nov 12 3:59 PM EST

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To: luis a. garcia who wrote (2230)11/23/1997 11:28:00 PM
From: Hunter Trout  Read Replies (1) of 2615
 
I still maintain that voting for the reverse split was the worst decision the stockholders could have made, and is by far the leading factor in this stock's migration south. One-for-ten is downright drastic and begs the question, if the company was in such good shape then why were such exteme measures necessary?

Never underestimate the collective power of emotion and momentum. The two feed off of one another, creating a vicious cycle rendering rational thought, TA, etc. meaningless. I believe that the next psychological milestone will be when the price breaks the $1 mark, fueling even more selling.

Monday should be interesting, and as always, time will tell.

HT
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