CYCOMM (CYII)-on aquisition trail Message Board

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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

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To: Sterling who wrote (1490)	8/7/1998 9:17:00 PM
From: Robert Morrison	Read Replies (2) of 1800

The point that seems to be lost in the day to day review of this stock is that it is trading near enough to 60% of the high reached only weeks ago. This represents a significant burn of those who came in at $4 and is simply just poor marketing ie. this stock was sold through Strategic as having a value of $4 and those who bought did not have this value supported by the company through announcements or at least proclamations as to the value of the company. What was Strategic looking to do? A pump and dump? Furthermore what was Cycomm looking to do when the price hit $4.25. Did it think institutional investors would go bananas the next day and start buying? Let's get real here. For all this "get the business right first" and "build the share price through conservative announcements" strategy we are not getting a steady upward angle on the price which would come from such a strategy. Instead every opportunity that comes for the stock to approach its true value and get over the "magical" $5 gets wasted with control of the stock handed back to the specialists trading the stock. Specialists are now walking the stock down to new lows to profit on the $4 stock they supplied to Strategic and you see exactly what is happening everyday...the stock price getting clipped an 1/8th or 1/16th at the close of trade with the bid set to test new lows (looking for sell at market orders). As a product Cycomm stock is going to be hard to sell again and those who were willing to buy a few weeks ago aren't going to be bothered again. This is all well and good if everyone knew about the stock but seeing it continues to want to be the market's best kept secret then it should be making money for those who bother to take the time to investigate it, buy it and support it. Not impressed. Rob

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