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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP)

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To: Bruce Wysocki who wrote (1325)11/4/1999 8:43:00 AM
From: David Graham   of 1501
 
This stock will keep getting whittled away as year-end approaches if there is no news. We are coming up on tax-loss selling season, and all those who bought above $1.50 will start looking at their portfolios and deciding whether or not they need some losses to offset some winners elsewhere. This effect will punish all small caps that are far off their year highs as December comes around.

The result is that the best time to buy this stock will likely be the last trading day before Christmas. I think we saw something similar last year.

David
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