Procept (PRCT): 50% rise on high volume. Why? Message Board

STOCKTALK

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.

Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?

PRCT 31.90

+1.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: goinbrk who wrote (327)	1/9/1998 8:19:00 AM
From: Douglas	Read Replies (1) of 455

If you go to Paramount Captial's home page you can read about their philosophy. This is a direct quote "Paramount's principal investment objective is to seize the greatest appreciation potential for leading institutional and other sophisticated investors through private equity offerings." What does "greatest appreciation potential" mean to you? My opinion is: greatest appreciation can be gained if the stock price is low! With all this wait for an announcement on financing, the stock is sure taking a beating. My guess would be that after the announcement you'll see more press releases and let's hope an increasing stock price. Seems like I read somewhere that all press releases have to be approved by Paramount Capital before release. Can anyone verify that? Doug.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next