SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : CELSION CORP. (CLN was CELN) UP $.33 TO $.59 ON HUGE NEWS -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brew who wrote (348)2/3/1999 9:36:00 PM
From: JimM  Read Replies (1) | Respond to of 518
 
Volume already flattening today
with spikes only 1/2 of yesterday's height, and total volume almost 1/2 as well.
I expect volume to rise higher tomorrow, as traders whose attention was focused elsewhere may turn back to CELN, expecting a possible bump. There is already much hype on the Yahoo boards about the news.
The stock jumped 1/16 on the press release, but leveled off (see chart):

quote.ragingbull.com

But then again other companies were also rather flat or down on good news eg. PEAR.

With rumors of pharmaceutical co. investment eg.

messages.yahoo.com@m2.yahoo.com

perhaps .83 next week may be too conservative.

What do you think?

-JimM