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Message Boards Settings Chembio Diagnostics, Inc. - Quote Info
Run up game      7-Nov-09 09:05 am    
Between 11:30 AM and 12:00 PM a block of 100,000 shares went up for sale. If the buy in was 20 cents and the average sale price was 30 + cents, someone turned a $20,000 investment into a quick $10,000 profit. This is the type of run up game that is common with stocks that gain as little as 10 cents suddenly. I have been watching it with a discouraging feeling in bioscience for three years now. It throws the entire concept of investing in a company to support its development out of whack. These MBs are a partial source of the problem. I am an investor in Chembio, but I only try to bring useful scinetific information to the MB. The science points to a bright future for Chembio if they can get a few big milestones accomplished.

Regards


Sentiment : Strong Buy
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rehdvm2004

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  Subject Author Rating Time of Post (ET)  
 
Run up game
rehdvm2004 Not rated 7-Nov-09 09:05 am  
 
> concept of investing in a company to support its...
pesotrader Rate it 7-Nov-09 03:54 pm  
 
rehdvm I am not sure what you are talking about sp...
jskstocks74 Rate it 7-Nov-09 04:27 pm  
 
But right in the middle you suggested that th...
rehdvm2004 Rate it 7-Nov-09 06:12 pm  
 
i'm looking for 1000% instead of 50% profit.
cheekitlim Rate it 7-Nov-09 07:36 pm  
 
good luck! I hear that GVBP has the cure for ...
jskstocks74 Rate it 7-Nov-09 07:44 pm  
 
breakthrough scinece and takes years to achie...
rehdvm2004 Rate it 8-Nov-09 10:20 am  
 
You are exactly right. There is a degree of Texas...
redspinelpi... (1 Rating) 8-Nov-09 11:07 am  
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Chembio Diagnostics, Inc. (CEMI.OB)

Chart for Chembio Diagnostics, Inc. (CEMI.OB)
On Dec 4: 0.28 0.00 (0.00%)
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