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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose -- Ignore unavailable to you. Want to Upgrade?


To: Nutbuster who wrote (1667)9/11/1998 5:04:00 PM
From: Nutbuster  Read Replies (1) | Respond to of 4650
 
With the test results so close,Iwould guess the insiders have alot more info then they are willing to part with



To: Nutbuster who wrote (1667)9/11/1998 5:42:00 PM
From: blessed  Read Replies (1) | Respond to of 4650
 
According to the 10-SB, as of 6/23/98, ADOT owned 817,470 shares of Biomoda, and had an option to purchase an additional 248,950 shares. Through their own admission, they increased the number of shares issued, and the float, by approximately 1.5 million shares since then. Those figures were given to me about a month ago, by Mark Lewis. I would guess that the remaining Biomoda shares have already been purchased.

Just going from the charts available, I would say there have been approximately 3.5 million shares of ADOT stock traded in the last 9 trading days. That would indicate to me, that someone with a huge supply was dumping into the market, otherwise, the price would have went up, instead of down. JMHO.

Blessed



To: Nutbuster who wrote (1667)9/12/1998 2:38:00 AM
From: DARPA  Respond to of 4650
 
Ya but who's selling? It's quite possible that ADOT may be accumulating, but as these quantities, the price would have to start trending up and holding. I have a hard time believing the MM's (or insiders) would be risking multiple 'sell' positions (keeping the price low) unless the talk of buyouts, positive lungcheck test results, and billboard orders are ALL bs.

In other words, if it's the MM's that are doing the 'selling', ADOT is doing the 'buying' and the expectation of good news is real, the MM's are gonna be screwed. But I find that hard to believe. Which means we're the ones who are screwed.

Here's a side thought, anyone who is a serious poster, update your profile with valid information so we know you're not invalidly hyping or poopooing. I'm always skeptical on someone if they're not willing to share a little more about themselves in their personal profile.