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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX) -- Ignore unavailable to you. Want to Upgrade?


To: xbrent who wrote (332)10/22/1998 5:54:00 PM
From: Jim B  Read Replies (1) | Respond to of 1286
 
YES... thanks..looking forward to seeing the proof that will confirm that this company is worth $3.00 share... I wonder if that is with the merger included.. probably is... but certainly the news of the merger and finalization of it will further add to this stock being strongly undervalued..

obviously this is why we've been seeing such strong accumulation and high volumes yet not a TON of exposure here on SI... this leads me to believe people close to the company, involved with the merger or of Boston Medical or simply people that have been solicited to buy into the stock by FGRX and any PR or IR efforts it may have is working and are buying in..

could it be the reason the stock has not gone up even more is because those who got it under 20cents have slowly been taking their profit?
could it be the MMs are holding it down before it moves up... really hard to say... but all in all, like a FEW select other stocks I'm following.. this one too looks ready to make a strong move towards a fair price on the market... looking forward to next week and getting the numbers. thanks xbrent for this encouraging info :)

jim



To: xbrent who wrote (332)10/22/1998 5:56:00 PM
From: Currency  Respond to of 1286
 
Keep in mind, the book value I put on on the web today is the book value from March '98. The book value we will be seeing next week is going to be all that much better. I have to believe we are seeing the birth of a $150M - $200M company with a tremendous amount of sales.