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 : OMNIGENE DIAGNOSTICS (OMGD)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: coffee221 who wrote (8)10/18/1996 9:17:00 AM
From: Whiskeyj   of 119
 
Alex;
Yes,I do foresee this going higher before the split.
Reason--There is no more stock,there are lots of buy orders,
and no stock to fill orders. You cannot buy this at bid,sales
go at ask. I was lucky and bought when no one wanted the stock
now everyone wants it.
Sales last year were $400,000 (96),sales projections for '97
are a conservative $2 million. With the possibility of insurance
companies insisting on the DMDx test before they approve oral
surgery,this figure could be way too low.
Your best bet would be to buy BEFORE the split,thus getting
the extra shares,and having them to use to take profits. The
extra shares will increase the amount of free trading shares,
and the demand will push the price higher.
Good Luck to you...
John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext