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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose
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To: J. Nelson who wrote (3768)4/16/1999 2:00:00 PM
From: Rooster Cogburn  Read Replies (1) of 4650
 
Jim, as I see the situation, BioModa needs money. Obtaining financing seems to be a priority. IF news pertaining to Bio is coming in the near future, it would be my guess that it has to do with financing.

I get the impression that a majority of the posters on this thread forget that ADOT is a penny stock. This company is nothing right now. They have a single facility, 2500 sq ft. maybe 5000, that is very small. However, the FUTURE potential of this company show great promise and rewards. IF ADOT gets their technology into production, then huge profits. IF Bio gets recognized or their technology becomes mainstream usage for lung cancer detection, then huge profits. UNTIL then this company (ADOT) is nothing. For me, this is how penny stocks work. Throw some PLAY money (money you can easily afford to lose) into the stock and dream. Realistically, a year or maybe two, this stock could be trading at 2 or 3 dollars and my 25,000 shares will buy me a new car. If the stock hasn't changed no big deal, because the majority of my portfolio is in more stable companies.

OK I'll get off the box now. To tell you the truth Jim I'm surprised the stock hasn't retreated to six cents. Anyway, ADOT is fun to watch.

Rooster
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