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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)
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To: Arthur Radley who wrote (2963)11/30/1999 10:43:00 AM
From: Harold V   of 3414
 
TexDude, it's good to hear from you, and thanks for the news. For those who missed PLMD's rise to around $28/share, this, in my humble opinion, is probably a fine point of entry for another run to new highs. Versus yesterday, when the short selling was relentless all day long, the first hour of trading today countered the strategy of the sellers/shorters with what appears to be solid 10,000+ block buying. Maybe, just maybe, the
group(s) that have been driving down the PLMD share prices are meeting their match with long buyers. A short squeeze on these guys would help make my holidays--in part because I began buying in the mid $16s yesterday. Good investing to all, Harold V
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