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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)

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To: PAR who wrote (2830)9/13/1999 1:03:00 PM
From: ed doell   of 3414
 
I think that Sam expects, rightfully, an awareness of certain current trends in price and indicators derived from charting. Volume is an important indicator of investor interest. What you surmise from that indicator is your business, as I'm sure you'd appreciate.

However, I think that you might infer from Sam's comment is that low volume coupled with recent weak price strength with PLMD at this time means something to holders of the stock.

For example, IMO it would be easy at this time to bring the price down if someone or something were interested in doing so, e.g. MMs or shorties from Toronto.

JMOs in defense of Sam's generally excellent posts here and elsewhere,

Ed
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