Cistron Biotechnology(CIST)$.30 Message Board

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Biotech / Medical : Cistron Biotechnology(CIST)$.30

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To: Steve Harmon who wrote (1934)	2/25/1999 12:19:00 PM
From: Phil Cressman	Read Replies (3) of 2742

Re Market Makers, how do they have the nerve to have a 30% spread between bid and ask? The past days have seen this silly spread and to me only indicates an extreme nervousness as to the price direction of the stock. No wonder there has been little trading volume. One has to think that some manipulation is going on, perhaps to give the company time to try and get that block of stock held by bankruptcy court on behalf of the former Cistron officer. My opinion is that sooner or later a big enough player will make a takeover bid and blow the current management out of the picture. Give me 40 to 50 cents and I'll kiss those long held share goodbye.

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