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Biotech / Medical : CMTR-CHEMTRAK FDA OK -- Ignore unavailable to you. Want to Upgrade?


To: MoneyMade who wrote (1066)6/11/1998 12:56:00 PM
From: MoneyMade  Read Replies (2) | Respond to of 1172
 
Barbara my advice to you is sit tight on CMTR...

Yesterday we had a vol. of 1,500,000 to get this sucker up 33%..
This morning we hit $0.50 on only 142,000 shares having traded.

Soon after, the marketmakers started dropping the ask on 500 and 800
shares at the bid.STAY THE COURSE

IMO the market today is not what it use to be...news doen't move the stock only
because the MM are aware before you and I and will hold it down. The only way to
make money off these pennies is to find one not not discovered & not on SI IMO!
BigDog is sort of a genius he,like
Joe is going underground because we're all losing on SI

SI represents market sentiment! and if your short where do you go to find out which
way the wind is blowing????Can you imagine a MM shorting shares like
MDEX,ALDM where the float is only 200,000 to
500,000 shares and someone like myself sends an email to 100 investors
saying,"this is a buy,NEWS out..." They're sh%tting their pants.
LOOK at PKGP 40,000,000 shares in one DAY! And they would only move the ask
up in increments of .00005 that's sick! They're crooks stealing from honest investors like
yourself so hang in there...
IF NO ONE SELLS THEY HAVE TO COVER!

MoneyMade



To: MoneyMade who wrote (1066)6/11/1998 3:25:00 PM
From: Mr. E  Read Replies (1) | Respond to of 1172
 
No, I don't think so. It's just that we've been here before, in my case, since 1992. What we've learned is that CMTR dug itself a pretty big hole that it's trying to climb out of. PR like this helps, but the fine print says not much. There is a reverse split on the annual meeting agenda and the company is negotiating for financing. The annual report has a lot of caveates in it. The financials are not inspirational. There isn't much institutional interest in CMTR because of the company's history. What else do you want to know. A little DD says it's a big gamble to put rent money down on this bird.
I hope CMTR goes through the roof ( or at least back to $1), but IMO the numbers to drive that are maybe a year away, minimum, given continued sales increases.