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Biotech / Medical : Moyco CMP Slurries - CEO Says -- Ignore unavailable to you. Want to Upgrade?

To: Stan Schuster who wrote (483)	12/2/1999 10:14:00 PM
From: straight life	Read Replies (1) \| Respond to of 534

Selling at the end of the year from a taxable account might be the prudent thing to do. Or, if enough shareholders in the same situation react, it might turn in to a buy? Like any penny stock, the bid/ask on MOYC is such a large percentage of the overall price that it makes trading it a fools game; jmho. Now, I know you weren't suggesting trading, but waiting for a decline to buy smells of that, for example, the stock is about a buck and a half; if it went all the way down to a buck, 1. that would be the bid; the ask might be 1 3/8... so if it then shot up all the way to 1 3/4, that would probably be the ask; the bid might be 1 1/2... so you'd go thru all that for 12 cents... and at that you couldn't do any size, as your purchase would raise the price and your sale would lower it. In general, it's best to stay away from these roach motels. I sold 1k QCOM last year @ 190. That's $190,000. It didn't move the stock as much as an 1/8. Try putting in or taking out 1/2 that much in MOYC... You'd probably give the MM a coronary!