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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: Ordus who wrote (55610)2/14/1999 1:33:00 PM
From: Panita  Read Replies (1) of 119973
 
ASTM - Ordus, JEB and other ASTM's longs, did you catch this weekend Stem Cell report on Discovery news. ASTM was not mentioned, but the report was very positive on the advances of Stem Cell research.

The report came about as a results of the death of Jordan's King Hussein, who past away this past week. They mentioned that he had received a bone marrow transplant but that this type of procedure is only 50% effective.

One morning in 1999, we will wake up and seen ASTM open in the double digits; maybe not as high as $80 like Entremed did on that crazy day, but more in the mid 20 as Geron did a few months back.

When will the big jump happend I don't know. Something will trigger it - an Atricle in the New York Times, a report on NPR, who knows. But when it happens this is what will happen for me I have a good until cancel order to sell 50 % of my ASTM holdings at $15, 25% at 20 and 10% at 25.

If my $15 target is triggered I will get my original investment + a 50% return + own a nice big chunck of ASTM in my IRA. But just imagine my % return if the stock opens at 25.

IMHO $2.50 is the low end on ASTM and yes we will likely see this price again - or very close to it. If you don't own it. $2 1/2 is a great entry price. If you own it at a much higher price $2 1/2 is where you want to cost average down.
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