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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: dipper who wrote (33)4/10/1998 12:56:00 AM
From: Ron logo  Read Replies (1) of 946
 
Dipper,
I am a professional stock trader, I trade for a small investment firm in N.Y. I recently purchased this stock for my own portfolio. I am not a fundamental analyst, I am big on the technical side. If you look at the charts as I said in my post, You would see that this stock sold off on extremely heavy volume and has started to base out some. This is a good sign that all of the sellers are dried up. Look as the volume starts to rise again from here, now it is all buyers. The short position in the stock by market makers is very large also, it just needs volume to propel it from this price. Best of luck just one traders opinion........................RON
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