SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Universal Medical Sytems (UMSI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ARCHIE P. who wrote (381)12/2/1997 1:39:00 PM
From: Laurens  Read Replies (2) of 1672
 
KOSTECH STINKS. And not because they hyped UMSI at $2.00+ last year.Maybe UMSI looked great to them at the time. But when certain aspects started to get ugly last February/March,
(as I discovered a few weeks ago) they continued pushing the stock,and there was NO way they could have been ignorant of reverse tidings.But have you seen anything negative on UMSI in their reports?
I called them in July. Why was Umsi was down to $ 1.25?
I should not worry,Kostech claimed. There was no adverse news from the company.All was going well.Just that
small caps were temporarily out of favor. Hold on to your UMSI stock because by years's end I would see an UMSI on the move again.
If at that time they would have told me,or just made a hint
that not all was going well (and they surely knew by July) that would have been fair to me.You cannot win them all.
Tom Kosta lamented to me the other day that
Kostech was also stuck with 50,000 shares of UMSI.Tell me fellows:if a seasoned research outfit knows that the biz is
deteriorating,surely they would get rid
of those 50,000 shares quickly. Apparently,even knowing UMSI
was adrift,they kept on pushing the stock.And they kept the
50,000 shares (according to Kosta).This does not make
sense at all.So looking at the above facts,I strongly believe that there must be some strange deal between Kostech and UMSI.
KOSTECH has recommended stocks that did take off.
They are in business searching for potential winners, and they cannot be wrong all the time. But this KOSTECH/UMSI connection really smells.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News