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Biotech / Medical : Napro Biotherap(npro)

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To: TBF who wrote (393)9/20/1999 10:49:00 AM
From: debra vogt   of 478
 
Generally when you see a stock break its 52-wk high on higher than normal volume that is considered very bullish. TA people would buy this stock just based on the charts, not necessarily knowing anything about the company. The first part of last week all the buying looked retail but I noticed on Friday and again today that there is now institutional buying.(From Thomson I-Watch) For myself, that is a very good sign. But we all know that this stock has fooled everyone before. There are good posts on the Yahoo thread, you just have to sift through a lot of garbage for a few good ones.

Regards, Debra
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