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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Art Baer who wrote (133)12/9/1996 10:52:00 PM
From: David O'Berry   of 1172
 
Art,
The stock jumped up and opened at 2 1/8...Trade up to 2 1/4 then backed off...
Short coverings probably...Don't know...Market makers can borrow a ton of stock on this kind of low price issue and force it down...I do not know what the technical chart is telling me...Its confused...I do know that if this stock gets above 2 7/8 then shorts are gonna run it like hell..It almost succeeded the other day..Any technical analysts out there...
David O'Berry
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