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


To: Wink who wrote (3377)2/20/1999 9:43:00 PM
From: BIGFRED  Read Replies (1) | Respond to of 4650
 
Hi Wink;

If a MM gave you the 8k shares at the bid, he must have needed the money for the weekend or nervous about next week. Time will tell.

I also don't see ADOT going much higher without substantial news:

1- ADOT: Announces buying more of Biomoda shares. I suspect ADOT sold some shares in the last two run ups to do just that.

2- BIOMODA: Announces a financial deal/merger/joint venture/ipo.
If it is a merger or joint venture with one or two companies, the percentages of Adot's shares of Biomoda will be diluted. However in an IPO, THE VALUE OF THESE shares will be the same.
800,000 * 5.00 (ipo) = 4 millions.

Adot has indicated that they would be selling some of these shares in the IPO offerings.

The above is JMHO of course.

Take Care

Fred