Friday, September 21, 2007

ONCO Spam and Press Release Push Shares Up

Oncology Med (ONCO) stock (pink sheets ONCO.PK) is high flying on Friday, up two cents (25%) at $0.10. Onco was as high as $0.12 earlier in the morning before falling back to even and then bouncing back up again during the lunch hours.

Oncology Med spam has been heavy. And its "cancer" related business attracts a lot of interest among investors and speculators. Trading volume today is over 20 times average.

The news release was for a multiple year contract signed with the Univ. of Pittsburgh Medical Center to provide services and staff to the hospital's cancer centers.

There are three posts linked below of earlier reporting on Oncology Med (ONCO). The timing of the spam with the press release is interesting. Oncology Med may be worthy of further review as an investment but at its current price per share, it is extremely speculative. That's not to mention the Pink Sheet's "caveat emptor" label of Oncology Med either (see link below).

Pink Sheets Warning for Oncology Med (ONCO.PK)

Strange Oncology Med (ONCO.PK) Spam

Oncology Med (ONCO.PK) Spam for Friday, "Rumor News"

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