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


To: one putt who wrote (1159)8/20/1998 11:42:00 AM
From: yosi s  Respond to of 1491
 
If I am not mistaken we are seeing the tail end of a sell off.



To: one putt who wrote (1159)8/20/1998 12:10:00 PM
From: BAllenP  Read Replies (1) | Respond to of 1491
 
Can't tell you who's selling...But I'm one who's buying. Potential alone is worthless but through it's methodical business plan I believe that Pharmos will realize it's potential. I don't pretend to understand this drop in price but I'm buying.



To: one putt who wrote (1159)8/21/1998 12:49:00 AM
From: Ariella  Respond to of 1491
 
Rumors on the Yahoo thread that today's volume comes largely from an Israeli-based seller sound credible. But NOT because something is wrong inside PARS. Rather, the upset in the Russian market has spilled over into other emerging markets, Israel included. Investors are pulling money out of funds at a rapid clip. The forced redemptions make managers quickly liquidate holdings to get cash to give out to customers. The forced liquidations lower prices, which makes more people panic, and so on.

haaretzdaily.com

Doesn't make for pleasant life in our stock.

-Ariella