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Microcap & Penny Stocks : CELSION CORP. (CLN was CELN) UP $.33 TO $.59 ON HUGE NEWS

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To: JimM who wrote (320)2/2/1999 12:54:00 PM
From: Basildon Bond  Read Replies (1) of 518
 
JimM

Larry Brew put out a good call today on the price range $0.95 - £1.44. I was a little higher (even though I'm a pessimist) at $1.05 - $1.60.

I agree about the quality of CELN's IR team (if they have one). But if you look at its latest balance sheet (EDGAR filing) you'll see that it doesn't have any cash to support IR or PR. Current activity, for what it's worth, must be stock funded, I guess.

Around 300s seems likely.

Basildon
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