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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

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To: 5,17,37,5,101,... who wrote (274)2/12/1999 2:07:00 PM
From: CPAMarty   of 2515
 
.......simple as that. I think if all is good at IMCL and no competing drug to worry us, then what is really happening is investors are skeptical of biotech in general and waiting for proof positive.
BINGO, I think you have hit on the reason for the recent price action in this stock. This boat will not leave the dock until the formal announcement and, as another poster put it, by then all the invited guests will be on board. Have been watching this one daily; and, in general, it rises on heavy volume and drifts back on light volume.
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