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Microcap & Penny Stocks : Manhattan Scientific....MHTX -- Ignore unavailable to you. Want to Upgrade?


To: John Finley who wrote (149)7/30/1998 11:43:00 PM
From: Yellow Jacket  Respond to of 942
 
I double agree. The fact that PJTV kept a slice tells me that they believe it will be worthwhile. I also don't think that anyone would fork over ~$8-12M into a penny stock to just pump and dump it, especially if they also are adding capital to MHTX. PJTV probably needed the money. IMO MHTX will climb to .40 soon. Maybe more, but let's take it a penny at a time. Anyone w/ L-II notice if it was MM's collecting the stops early Wed., and who was buying?



To: John Finley who wrote (149)7/31/1998 11:42:00 AM
From: Mark Ericson  Read Replies (1) | Respond to of 942
 
<<<<<<<<< IT'S GOOD NEWS>>>>>>>>>>>>

IMO: The fact that an institutional investor has made such a large investment in MHTX at this time is GOOD NEWS for all current stockholders for several reasons.

1) Professional investors would not have committed to a large
investment without getting a thorough update on Dr Hockaday's
progress and concluded it is going to pay off in the near future.

2) They surely reviewed his patents very thoroughly and concluded
he has a lock on the his micro-technology.

3) Professionals would not invest in this type of technology if they thought they would have to wait several years for it to pay off. Battery technology is moving too rapidly, the risk in a long-term investment would be too high.

The next major step should be the announcement of an alignment with a large manufacturing firm to start ramping up for production. When that happens, MHTX will no longer be a BB stock.

So get it cheap while you can, the price is not going to stay down here much longer.