InvestorsHub Logo
Followers 0
Posts 29
Boards Moderated 0
Alias Born 04/06/2006

Re: None

Friday, 08/18/2006 12:54:30 AM

Friday, August 18, 2006 12:54:30 AM

Post# of 14825
Price doesn't make any sense!

I have been a Calypte long since 2003 (the last run from 12c to 1.80 in less than 3 weeks). I owned very few shares and sold most of my position after the mess with ourstreet.com

Then i started adding again with Dr. George and frequently when HIV was in the .20's (av. cost .22)

My big question is:

WHY WOULD THE STOCK SUDDENLY RUN UP 200% IN AH TRADING ONLY ONE DAY BEFORE AMEX DELISTING???

Why would Calypte issue a PR confirming delisting yesterday if they knew that news good enough to give the stock a boost was less than 24 hr away?

If Calypte is really going to get to $1-2 in the next few days, then what was the point of this Amex delisting exercise?

If the news is THAT GOOD, then isn't it more rational to keep the Amex listing where it has access to bigger traders and institutional investors? How many institutions purchase OTCBB stocks???

None of this makes any sense...it stinks imho and i'm a LONG. I'm a firm believer in fair trading for ALL (including shorts). If there is good news coming then it should have been released during trading hours (just like the delisting news at 12:11 pm July 31) so that everyone has equal opportunity to buy/sell as they wish.

It would have been nice for the company to issue a release in the morning and not let their Chinese offshore buddies get a jump on the rest of us!

I'm pissed off!.....but i'll still enjoy the ride up :)



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.