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From: | "gooner" <nickk@quicksilver.net.nz> |
Date: | Wed, 25 Dec 2002 10:27:11 +1300 |
Ryanrite and others
What do you know about the company
Ryanrite? IMHO it is not yet a good company.
The success of VCR depends ultimately on the
success, or otherwise, of the human implant trials due to start early
2003.
The price of MMD fluctuated widely.
It got to $1.08 a while back before retracing to mid .60c range.
It has now made another run. There have been good and bad times with
this stock. The share placement at .80c was frowned on by many when the
price of the stock at that time was about .90c. That possibly led to the
retracement.
VCR has got two 'income' channels. The
ventrassist is not earning for the company and won't until the trials
end. Their other medical products are doing okay.
If you are going to buy this stock, watch it
very closely. If the trials don't go well, the drop in PTD may
look mild compared with what could happen here. Nevertheless, the
ventrassist has worked in sheep. I expect the trials to succeed. If
so, the stock could surge well past $2. If not, .30c is likely.
Gerry picks some good stocks. He also has picked some others that have not
gone so well.
Cheers everyone.
Nk
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