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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: AKAPAK who wrote (1522)9/1/1998 4:57:00 PM
From: DARPA  Read Replies (1) of 4650
 
424K volume and virtually no rise in price. That's sadly fishy.

I can't even see how this would happen. Any other market you'd have to go to the public and find several sellers. Based on this company's daily volume of trades you would have naturally seen a rise in stock price. This is rediculous. BB Nasdaq is a racket for this type of activity. Sad and deflating at the same time.

On the up side, at least there's still the hope for positive test results from LungCheck this month. But there again, as someone eluded to in a recent post, they'll still need market acceptance. That costs money and you have to know what you're doing. Let's hope the sales and marketing team at both Biomoda and ADOT can strategize and most importantly, execute.

Net: I think we're still a distance from profits. Momentum or speculation of buy-out are the only things that will drive the price up in the near term. Not holding my breath, but definitely taking stock. Bargain? Time will tell. I think there's months of these prices and potentially lower, before we start to see the hockey stick curve upwards.

Regards,
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