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Microcap & Penny Stocks : NEOTHERAPEUTICS (NEOT) (NEOTW)
NEOT 1.919+4.3%Jan 17 4:00 PM EST

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To: Marty who wrote (693)7/8/1999 4:17:00 AM
From: Marty  Read Replies (2) of 705
 
Anybody else happen to notice that NEOT hit a 52 week high today and that it is up 14% in the last month?

That means that anyone who bought NEOT in the last year is in a profit position and there isn't anybody, in the last year at least, who is waiting to sell once the stock gets back to their purchase price. So, from that standpoint, it could mean some smooth sailing in a northerly direction.

Another thing is that it moved up at a very nice pace and did not skyrocket to attract many short sellers or uninformed skeptics. This is all pre-test result announcements, pre-conference presentation, pre-secondary, and pre-everything else.

This is a good time, IMHO, to be in NEOT and to buy on any dips. BWDIK.
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