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Biotech / Medical : CYTO -- Ignore unavailable to you. Want to Upgrade?


To: starpopper who wrote (7355)7/15/1998 1:48:00 PM
From: starpopper  Read Replies (1) | Respond to of 8116
 
VERY STRONG!!! CYTO up over 8% today on half normal volume!

Looks like the new investors are winning out over the old that are trying to close out their negative positions. Base camp has been successfully established at $1.5, and assault on $2 has begun anew!

Today's action tells me that there are lots of people not willing to part with CYTO at this time and price...how else can you explain the action in price as it relates to volume? This is all supply and demand! Can you imagine what's going to happen the next time we get a million plus day in volume while these strong hands stay the course?!!!

I'm bullish short-term...$3 by the end of the year, but additional positive news will have to be received if we intend to stay over $3! No news keeps us in a $1.5-$2.5 trading range, and of course negative news makes us a penny stock once again!

I've got to believe that this company is worth at least as much as a pharmaceutical company values CYTO current $$$ producing drugs. Throw in the patents and scientific experience & talent, and we just may be an attractive takeover candidate!

The current situation demands that management ACTIVELY seek a partner since funding is seriously in question and viability is threatened! I hope these guys are aware of the gravity of their predicament because I don't think they have more than 12-18 months to make a bold move!

$weet Dream$

$tarpopper

PS. Go CPQ, RMBS, & CS!!!