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Biotech / Medical : RXSD Rexall Sundown

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To: Prof who wrote (138)11/5/1998 10:48:00 AM
From: AlienTech  Read Replies (1) of 327
 
Would think the shorts are back trying to keep it down a bit. The stocks been playing dead for a while. But like any other high P/E stock with momentum investors and large short intrest, it takes a match to light. But you also play it differently than regular momentum stocks since you wait till the shorts start a rumor and come on tv and say this company is bawd, some people jump, drop the price 50% and you buy it then and wait for the earnigs to come in.. They will recover as soon as the negativity goes away. Same pattern I saw in APOL, NETA and RXSD is the only one which havent recovered.
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