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Biotech / Medical : Pediatrix Medical Group (PDX) -- Ignore unavailable to you. Want to Upgrade?


To: TRIIBoy who wrote (61)2/22/1999 1:58:00 PM
From: Toby Zidle  Read Replies (1) | Respond to of 431
 
Cancellation of the stock split ISN'T big news. Since the stock price is already down 50% from the time of the split announcement, most long-term share holders would have anticipated this move.

The drop after trading resumed today was the reaction of some scared shareholders who believe as you do and panicked out. Since then, PDX has been steadily recovering. It's now $23 1/4, off only $3/16, with volume of 300,000.

Anyone looking at the trade-by-trade details will conclude that PDX is in recovery mode and is being accumulated.



To: TRIIBoy who wrote (61)2/22/1999 2:12:00 PM
From: Coral4pH_dot_com  Read Replies (1) | Respond to of 431
 
You are right... this ship is sinking. Remember the Titantic just before it went under? It held there suspended for a moment and gravity prevailed. Come on, this company is being sued by EVERYONE and their dogs! I truly was hoping that PDX would do great and continue on their upward trend, but it is now a fact that illegal accounting practices will result in a slew load of HEAVY (multi-million) dollar settlements going back to investors that were robbed.

I really wish PDX could have survived, but my associates and I cannot continue to support this company through a very, very long and tough road ahead for this company. Especially, now that current contracts as well as pending contracts are in jeapardy (not to mention the executives that have lost everything that will be forced to cut their losses and get in a life boat).