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


To: Ariella who wrote (973)7/10/1998 2:19:00 PM
From: Omer Shvili  Read Replies (2) | Respond to of 1491
 
Ariela,

I believe we can get a nice bounce when PARS puts out Q2 results. The company will probably conduct a conference call, and we might get some positive info on the 10-Q.
If company officials will have some positive remarks on the c-call we could get a nice bounce. With so much liquidity, we need news from the company to get the stock moving. Hopefully we won't have to wait until the fall (when the phase II results will be out).

Besides a conference call, I guess we'll have a quiet period until PARS releases phase II numbers. The stock will probably remain in a trading range ($2 1/2 - $3) until this happens. This is a great time to accumulate at rock bottom prices, I don't think we'll get such good buying prices in the future.

Omer