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Biotech / Medical : Lorus Therapeutics Inc.

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To: thewiz who wrote (211)11/12/1998 8:32:00 PM
From: trustmanic  Read Replies (1) of 279
 
thewiz,
To tell you the truth & nothing but the truth, I sold it @0.47 and I bought it back today. The main problem of biotech is slow development and most of the juniors lack of cash. They have no choice but to sell cheap stock. The R & D cost a lot of money and most of the investors wanted fast money. There is nothing wrong with IMT except cash flow, I think today's selling was related to some institution(anyone read the chart?) I hope this one got a major deal soon.If you play IGT a few weeks ago you should make some money.

George
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