Cellegy Pharmaceuticals (CLGY) Message Board

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Biotech / Medical : Cellegy Pharmaceuticals (CLGY)

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To: Howard Hoffman who wrote (206)	11/9/1999 9:25:00 PM
From: Arthur Radley	Read Replies (1) of 322

You have to love the stealth movement with CLGY....no hype or frenzy buying of short-term investors...just a steady climb each day....Funny! I mentioned it to another SIer in a private message and his response....no interest because it wasn't a "cutting edge" type biotech....(:>) I thought the objective was to find a company with a product that would be needed by millions of potential users. I did find out something interesting yesterday...one of those good things/bad things...I have my stock with Schwab in a cash account...Schwab doesn't allow the stock to be bought on margin...if this is the case with most brokerage houses, then we don't have to worry about shorters if the stock is all in cash accounts. Does your broker allow the stock to be bought on margin?

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