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Biotech / Medical : Cistron Biotechnology(CIST)$.30
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To: Biomaven who wrote (1647)11/10/1998 12:15:00 PM
From: Walter Morton   of 2742
 
PeterSuzman, I disagree with you statement about the stock doing well at $4 per share. I think most people who are going to pay $4 for a stock will want to buy a company that has a history of net income (not loss)and a more predictable future growth rate.

The statement above may be the reason penny stock prices go down, so often, once they have been reversed.
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