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Biotech / Medical : ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH
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To: Cookie Monster who wrote (148)12/9/1998 10:20:00 PM
From: Paul A  Read Replies (1) of 1084
 
Well than set your price at 6 or 7.. Im just giving an opinion tis all..

Most news programs shy away from mentioning the company specifically for a LOT of reasons however anyone can find out by either calling the news station or doing about 5 minutes of research. Im anticipating some morning coverage, and possibly WSJ or other.

Also, my point about putting a limit at $10 is also my way of not 'giving' my shares away. If they only want to give me $6? ill find that out at 9:30, but im surely not going to be a fool at 8:30 or 9 and say ok here is my order to sell at the market, take em all at whatever price- I know you need them Mr Market maker!

If people like you want to sell at 6 and that fills the need for all the buyers than we will open at 6.. With a float of 6m, most people holding have done this over and over and over, market maker will need to raise the price to get your shares. 6 would be an absolute insult for the risk I had to take since I only found out about the stock at around 3:30 and couldnt do much research.

If we open at 6 and free fall from there the market maker wont see the action he/she needs to rake in money. They want volume, they want fanfare, they are just like the rest of us.. This is how they make a living. $10 is VERY reasonable all things considered.
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