Cetacean Industries, Inc.---(OTC Bulletin Board: CTAE) Message Board

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Microcap & Penny Stocks : Cetacean Industries, Inc.---(OTC Bulletin Board: CTAE)

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To: Riley G who wrote ()	11/25/1997 1:00:00 AM
From: ADAM BROSIUS	Read Replies (2) of 106

To Riley & All: After one day of "cartel exposure", we saw the premeditated rise to $1.00+ only to drop back a bit. What is in the near future with this? I couldn't call the company today but will start my own DD tonight and tomorrow. Any pertinant facts and figures would be greatly appreciated. Is the float really only 400,000 shares with a 52 week high of $5.75? If this is so, there should be a good reason for the drop, be it shorting or bad fundamentals or at least lack of interest. The volume today of 168K is the highest in recent history. Anymore substantial volume should push it higher, probably settling close to the midpoint of $2.25 - $2.75. With Riley putting out emails, the volume doesn't really mean that this is a true "reversal on volume" but you never know. Another good sign: CTAE has formed a slight (very slight) double bottom. Hopefully this will help push it up. To bed for now. I truly appreciate any thoughts. Sorry about the rambling. Take Care. Adam Brosius

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