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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?


To: Barbara Haggerman who wrote (189)4/27/1998 2:12:00 PM
From: Gwolf  Respond to of 6039
 
Barbara, you're right about the S.T. out look, to far to fast. Look out for the Market Makers, they will be in here shorting at some point. However long term this is very positive, this will now put a bottom in the stock. The stock will come back down and try to establish a low, but it will be very close to the time that we see the stock become fully reporting and the trials will be over and in the approval process. Whatever low we have will surely be higher than the old .50c level. The big question is what are the shorts going to, try to force it lower or just try to figure out how to cover at some level that lessens the pain.

Gwolf



To: Barbara Haggerman who wrote (189)4/27/1998 2:45:00 PM
From: Mr. K  Read Replies (1) | Respond to of 6039
 
Over the past six months this stock has made a couple of good moves - once to 1.25 and another to .80. Once I made a trade on the way back down at $1 (sell) and bought back at .68. I only traded a small amount of my position and could have kick myself for not taking advantage of the move.

This time there is more risk because of the potential news (i.e. reporting company, trials results). If the trails show a huge improvement over existing tech. this stock will rocket to who knows where. If the results are mediocre this stock is finished and we, who own it, can only hope to get out with a fraction of our investment.

High risk for high return!!

Side note: I have been mentioning this stock to some news letter people and have shared it on some other threads this last week. I'm sure others have also. This could account for some of the volume?? Of course the other alternative is that somebody knows more than we do - good or bad. Good being insiders. Bad being MM's.

Good luck to all