BIOPOOL(BIPL) Message Board

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Microcap & Penny Stocks : BIOPOOL(BIPL)

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To: Jim Langdon who wrote (407)	8/21/1998 12:19:00 PM
From: Bucky Katt	Read Replies (1) of 507

It means that some entity has approx. 300,000 shrs to sell, and they are trying to dump them as slowly as possible so as not to tank the stock any further. On the other hand, Biopool has a share purchase plan. Obviously the sellers are feeding out, the buyers apathetic. And, if we have another bad quarter, we will hit the .69 area. In T/A we would call that a retracement. .50 would be a l/t double bottom. Factor in all the recent headline news, the decay of our own bull market, and the total disregard at this time for mini micro-caps, the above figures seem possible.

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