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Microcap & Penny Stocks : CRYOPAK CII.V
CII 23.29+0.3%Dec 9 4:00 PM EST

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To: John M. Allen who wrote (132)2/25/1999 7:54:00 PM
From: Brian MacDonald  Read Replies (1) of 298
 
Hi John,

Today's action was interesting. Out of the blue we get some good volume and a nice recovery with an accompanying positive MACD reading - so I suspect that there is more good news coming shortly.

On a technical level, we are seeing a 'buy' signal. However, I don't think that there is enough volume to track the stock properly and I believe that at this level, the stock is strictly 'news-driven' - i.e. fundamentals. That's why the technicals are all over the place and swing wildly from day to day.

Having said this, if they get another good size contract, we should be propelled to the next level and that should take us over a $1.00.

Perhaps they've had a few good meetings lately and participants at those meetings - or their friends - wanted to get a piece of the action. I'm sure we'll see shortly.

Brian

P.S. As for increased participation, let this stock climb a few dollars quickly and the people who climb on board the discussion will make you wish that you were all alone again.
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