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Microcap & Penny Stocks : Envirogen(ENVG) -- Ignore unavailable to you. Want to Upgrade?


To: Reginald de Cologne who wrote (41)12/3/1997 6:24:00 PM
From: Michael Davis  Read Replies (1) | Respond to of 59
 
I have bought and sold ENVG a few times now in the past year and half. I have always considered it to be a "classic rolling stock." So I was very excited to be able to buy back in under 2 1/2 recently, then I found out about this news release.

<Oct. 20, 1997, Envirogen Inc. (ENVG) said Harcharan S. Gill resigned as president and chief executive officer and as a
director. William C. Smith, chairman, was elected as chief executive officer on an interim basis.>

Now, I am not so sure it's the same ballgame. Support has broken on the bottom end...so we'll have to see if the 50 DMA starts on another up trend or not. Anyone know why Gill quit or was fired?