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Biotech / Medical : Oncothyreon

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To: StockMiser who wrote (926)6/29/1999 11:44:00 AM
From: Garry K.  Read Replies (1) of 2344
 
StockMiser:

My strategy with this company mimmicks yours...buying on the dips and holding on at least 18-24 months. We may see some small spikes if there are progress reports or additional milestones made on other products in the pipeline. However, I don't think we will see dramatic price appreciation until full enrollment has been made in Phase III. Institutional investors would likely wait and see until then as there is too much potential risk at the present time.

I think there has been some disappointed investors who thought they may make a quick buck on this company -- it is still possible to see a good spike if there is some type of surprise. However, this is a quality hold for a patient investor. Given time, this gem will shine.

Good luck!

Garry
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