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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ditchdigger who wrote (9989)10/31/1998 11:37:00 AM
From: JoeinIowa   of 29382
 
DD,

I've been following several Biotech for years and they have also made a nice recovery in the last month. So nice in fact I'm wondering if it is not time to turn around on them. But thats a different story. Let me tell you what I've seen.
The whole market sentiment has swung around on these stocks. Where a month ago it was about earnings it is now about potential. They have all recently come out with their typical low sales big loss quarters but up they continue to go up only because the investor focus has changed. Once again the Biotechs are being judged on hype. That alone is kinda spooky. Aaahhh ooowwwww. So to wrap this up before the Trick or Treaters start arriving I think its great that BTGC has earnings but if they climb it will be because of their future products coming out.

Happy Halloween. The second biggest holiday in my family.

Jose
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