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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: J.B. Piper who wrote (362)2/24/1997 7:35:00 AM
From: Kip518   of 1172
 
Now I understand. On Feb 4th I noted that CMTR was showing the (http://www.techstocks.com/~wsapi/investor/s-6318/reply-279)greatest amount of stock distribution of the 385 stocks I survey through AIQ software. But I didn't understand where the stock was coming from (I thought it might be holders of the newly distributed [shareholder unauthorized] shares). That it was Singh is extremely distressing.

In AIQ now, CMTR has "risen" to 2nd most stock in distribution (after Informix) but this is still very bearish. There is nothing in the chart pattern to be hopeful about. I've been sitting on a large loss in CMTR for a couple of years. I expect that this is the year I'll take it as a write-off. I was hoping to last further into the year before coming to that decision but if this stock breaks 1 1/4 it's all over.

Ron
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