SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JF2155 who wrote (478)3/18/1999 10:44:00 PM
From: 5,17,37,5,101,...   of 2515
 
Jim, I missed it at $14 today, maybe tomorrow.

As for volume, it's high now compared to other bios but vol increases dramatically with interest generated by news events and publicity and decreases during the long news lulls. IMCL as recently as a few weeks ago has seen 50,000+/- share days. Institutions hold 30%+/- of float and probably look to bail when the volume's high, esp with no real news like now, only publicity. Regarding long news lulls, I think there won't really be any substantial news lulls for IMCL for a while because they have so many irons in the fire. Probably why DRW issued a buy. It may look like it's come a long way fast but it really hasn't; it's barely broken its 52wk high. I'll pound the table again; it's simple: IMCL is worth $24.00, easy and that's where we're headed.

Jackson
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext