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Microcap & Penny Stocks : CRYOPAK CII.V -- Ignore unavailable to you. Want to Upgrade?

To: Brian MacDonald who wrote (154)	4/14/1999 6:57:00 PM
From: Brian MacDonald	Respond to of 298

Well that was an interesting day! House 16 - Yorkton - was very busy this morning dumping CII in chunks of 10,000, 20,000 and more and helped to drive this infrequent trader down as low as $0.68. I guess when buyers started to appear, they (i.e. Yorkton) then started buying and were able to find willing sellers of similar size orders on the way up. I wouldn't have thought that there was that much overhang on this stock, but there you have it. We traded 448,000 shares in 53 trades - or almost 9,000 shares per trade - and managed to close up $0.08 at $0.85. As this is about the tenth time we have been at this level, and anyone who wanted to sell has been given a chance today, we should soon (maybe tomorrow?) break out of this range and head to new and higher prices. Brian

To: Brian MacDonald who wrote (154)	4/14/1999 7:12:00 PM
From: John M. Allen	Read Replies (1) \| Respond to of 298

Well, looks like they got me - Yorkton and friends, that is. I saw a huge selloff going on today (hundreds of thousands of shares) and, because I cannot ever find out a damned thing about the stock or what is happening, in the interest of caution, I sold. Right after that, the stock resumed to its previous high level on a relatively small number of shares traded. Yorkton was on both sides. The end result is that I break even rather than make money. So now I know why everyone with smarts has always told me never to buy Canadian stocks. I know that this can happen with BB stocks which amounts to about the same thing. So, I hereby swear off each forever and wish you all the best of luck. This occurrence today might mark the beginning of a large rise in the stock price. They may merely have been blowing us out to pick up cheap stock. If that's the case, they succeeded. Bitter? Nah, not me. Wiser? That remains to be seen. Adios.