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

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To: Larry Brew who wrote (348)2/3/1999 9:36:00 PM
From: JimM  Read Replies (1) of 518
 
Volume already flattening today
with spikes only 1/2 of yesterday's height, and total volume almost 1/2 as well.
I expect volume to rise higher tomorrow, as traders whose attention was focused elsewhere may turn back to CELN, expecting a possible bump. There is already much hype on the Yahoo boards about the news.
The stock jumped 1/16 on the press release, but leveled off (see chart):

quote.ragingbull.com

But then again other companies were also rather flat or down on good news eg. PEAR.

With rumors of pharmaceutical co. investment eg.

messages.yahoo.com@m2.yahoo.com

perhaps .83 next week may be too conservative.

What do you think?

-JimM
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