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Biotech / Medical : MRVT Miravant Med Tech: Infinity and Beyond? -- Ignore unavailable to you. Want to Upgrade?


To: guido leone who wrote (21)4/23/1998 11:23:00 PM
From: JP  Read Replies (1) | Respond to of 67
 
The Forbes article is definitely the reason why MRVT spiked down.

I called the company yesterday and discovered the following:
- Forbes never visited or contacted for that matter, the company.
- It is their policy not to comment on rumors, opinions, etc. but
they will be writing a letter of rebuttal to the editors which they
expect to be published in the next issue.
- Forbes is known to write very negative articles about companies
without doing any type of thorough homework beforehand.
- The ex-VP sold a small % of his shares when the stock was about $50
Company insiders have continually announced locking up their shares.
- Their trial results have been very positive and are on schedule.

Short sellers are taking it down, not shareholders in the know.
Take advantage of the buying opportunity provided gratis from Forbes.
When all those shorts get squeezed - look out.

JP



To: guido leone who wrote (21)4/24/1998 11:13:00 PM
From: Fernando Saldanha  Respond to of 67
 
<<How do you know about this article?>>

I read it in the magazine, of course.