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Biotech / Medical : IMNR - Immune Response

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To: Nagaraju R. Arakotaram who wrote (7)4/12/1996 3:00:00 AM
From: Carlos Fung   of 1510
 
Raj, my current porfolio has the following stocks.

NANO, ALTR (JUST GOT SOME TODAY AT 49.5), PCG (FOR THE 8% ANNUAL DIVIDEND), AND AMAT. I am actually waiting for the earning reports next week to hopefully pick up some bargains like XLNX @ 29.5, LSI @ 27.0, BAY @ < 28.0, MTEL @ < 14.5, OAKT @ < 20.5. What is your strategy for picking stocks. I used to picks stocks below $20 that were very volatile, (like IMNR used to be) and bought and sold within a short period (usually 1-2 months) once it picked up 4-5 points. I tried holding on to stocks too long in the past when I could have sold a couple of times and could have make 10 points in 2 sales instead of waiting for the stock to move up more than 7-8 points. I changed my strategy recently to buy fewer shares of higher price stocks (that are very volatile), but I still trade fairly quickly.

There are not too many low price stocks ($10-$20) that are very volatile, do you know any ? Someone suggested I check out CHTLE (now around $5.50).

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