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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: ozzi who wrote (974)1/21/1998 10:02:00 PM
From: HG  Read Replies (1) of 1672
 
Gary,

I've been trying to figure this out also, but am having trouble rationalizing it. I agree with you, but don't you think it would have dropped as quick as it rose today? The thing that stymies me is that it finished on an uptick. Who is buying all these shares? I suppose an MM or two could have created this and there could have been trading back and forth. But if that was the case they were defeating their own purpose. Someone had to be buying on the way up.

Art C., do you have a tracking on the sales today? If so could you post the last couple of hours?

Where is everybody tonight? Stunned? We need some thoughts.

Gary I'm like you, I am within $50 of breaking even on this thing. Not going to lose any sleep but it sure was a wierd day. And tomorrow could be even wierder.

Regards,

HG
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