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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: GeneM who wrote (1181)2/20/1998 3:46:00 PM
From: Laurens  Read Replies (1) of 1672
 
Gene and all.
At last some positive news! The fact that Baker & Co did manage to reopen the store and have some parties coming in to be shown around in their impressive offices as you report, might mean they have some investors lined to hopefully do genuine business.
A statement to this effect(which if these negotiations are
successful, may come soon) would move the shareprice back up quickly to 25/50 cents, perhaps even more. At some stage the traders would move in to unload their cheaply acquired stock,but the heavy churning would attract lots of attention and new buyers. And so forth and so on.
As the stock is still hovering
near all time low levels, getting in now seem
like a calculated risk.
So,IMO,for the cool, very short term speculator, UMSI looks very attractive.Like in for a nickel,and out for a quarter...!
What do you think fellows?
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