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Biotech / Medical : URMD -- Huge market potential

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To: Hugh A. McWhorter who wrote (278)6/2/1998 3:06:00 PM
From: Bosco  Read Replies (1) of 369
 
Dear Hugh - I bought some a week before it announced the reverse, on the day Mon Sec gave a buy rating [but did a bearish reversal on the same day, which should ve been the warning sign!] I sold the stk soon after after a couple of emails between myself and URMD IR. Let's just say the response I got from IR was underwhelming! I mean, the reverse split is bad enough, which I ve posted abundance in this very thread, but the response I got from IR has given me the impression that I ve made the wrong bet. I am not that smart, but I must say this incident is one of the few I have acted properly by taking a small loss quickly as opposed to taking a bigger loss slowly.

Sorry about your bad experience, with today volume, let's hope it is capitulation, if not, more downside may be possible.

best, Bosco
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