Replies to post #320 on HemaCare Corp. (fka HEMA)

[morcash]

Falling knives are tricky for certain. The officers that left were fromt the Bio/Teragenix company that was loosing money. Looking back - Hema stopped paying the notes for the loosing division prior to the division officers resigning. Once they knew they were on the way out they resigned.

They may have already dumped any shares they held at this point.

Not a great situation by any means but look at the fundamentals, they still justify a higher price. Sure there is a 300k loss for HemaBio this qtr and a writeoff of good will. However, there has to be a debt reduction on the balance sheet 4rth qtr as well.

I expected better from this stock, so at this point I don't know what'll happen.