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U S Alcohol Testing Company

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December 14, 1992 | TOM PETRUNO
Somebody bought a lot of shares last week in U.S. Alcohol Testing, a tiny Rancho Cucamonga-based firm that has been short on profits but an active self-promoter and money-raiser. USAT's stock, on the American Stock Exchange, jumped from $1.125 on Monday to almost $3 on Friday before trading was halted. Even more significant was the trading volume: 1.68 million shares on Wednesday, 1.37 million Thursday and 786,900 Friday before the halt. All that for a firm with 10 million shares outstanding.
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BUSINESS
December 14, 1992 | TOM PETRUNO
Somebody bought a lot of shares last week in U.S. Alcohol Testing, a tiny Rancho Cucamonga-based firm that has been short on profits but an active self-promoter and money-raiser. USAT's stock, on the American Stock Exchange, jumped from $1.125 on Monday to almost $3 on Friday before trading was halted. Even more significant was the trading volume: 1.68 million shares on Wednesday, 1.37 million Thursday and 786,900 Friday before the halt. All that for a firm with 10 million shares outstanding.
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