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Biotech / Medical : Cistron Biotechnology(CIST)$.30 -- Ignore unavailable to you. Want to Upgrade?


To: Sidney Reilly who wrote (940)11/22/1997 8:01:00 PM
From: Steve Harmon  Read Replies (1) | Respond to of 2742
 
To all CIST shareholders,

Another company that I track VCSI announced a share repurchase on friday. It was a small one 100,000 shares. Immediately after the announcement the stock popped from the 2 1/2 range and closed at 3 3/4. Volume was tremendous. Obviously the shorts(manipulators decided to get out and cover their short position). So for a relatively small cash outlay $300,000 range VCSI's mgt. increased shareholder value $14 million.

For a similiar stock repurchase $300,000 CIST's mgt. would increase shareholder value in the vicinity of $20 million or more just on the announcement.(Cistron's market value is at more distressed levels than VCSI was.)

Good news for CIST Shareholders>>Cistron's Mgt. IS considering this buyback VERY seriously. If they proceed with one....WATCH OUT.

For any CIST stock manipulators on this board(I know your here), BE VERY CAREFUL especially if you are shorting...



To: Sidney Reilly who wrote (940)11/22/1997 8:54:00 PM
From: PeterR1700  Respond to of 2742
 
Bob - I'll be keeping my eye on it too.

Here's one (unsolicited) that I have been watching. Big run-up, totally momentum and hype so far.

I bought @.65 two weeks ago, it's $1.30 now. CSMA is the symbol. There's also a thread but beware of the bullshit.

Peter