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Microcap & Penny Stocks : CRYOPAK CII.V
CII 23.32-0.3%Dec 17 4:00 PM EST

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To: MARK TANAKA who wrote (68)8/10/1998 5:39:00 PM
From: Brian MacDonald  Read Replies (1) of 298
 
Mark,

This appears from the chart at Stockwatch, see:
chart.canada-stockwatch.com ,
to be new high territory for the stock and last Friday it broke out in a convincing manner from its 'inverted head and shoulders' formation and closed at new highs only to repeat the performance today on even larger volume.

Still, despite this technical picture and indications, from the accumulation side, that the stock is indeed headed higher, there is no joy in mud-ville.

It almost seems that this company is not at all in the limelight or that some investors are simply regaining some of their lost wealth with this latest move. Was the stock higher at some point? If so, what was the company called and where did the stock trade?

Tia,

Brian

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