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Strategies & Market Trends : Trader J's Inner Circle
NVDA 170.92-3.7%3:59 PM EST

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To: LTK007 who wrote (26453)1/26/2000 10:34:00 AM
From: Mike McFarland  Read Replies (2) of 56535
 
Wish I knew more about that one, I've only
followed ASTM very casually, owned it awhile
back,and then saw talk of a toxic convtible
more recently. That one traded around a buck
for awhile real steady these past weeks, despite
speculation that it was going much lower--
I snagged some shares around 1 1/8 and
sold half at $2. The stairstep each day
is sure interesting but I only own a smidge,
quote.yahoo.com

I don't generally like to post about trades
in stocks trading around a buck, GLIA and GZMO
seemed the perfect biotechs to throw out here--
and I own both long term investments as well
as an extra third in each of those for trading,
I could see the former up 50% in a matter of months,
and GZMO could rocket any time for several reasons--
my stops on those trading shares are pretty low,
if those trades go bad I'd probably throw them
on the investment pile.

There is a biotech for less than a buck thread where
we dabble in those cheapy issues, I guess my disclaimer
would be that of the stocks on the BFLTAB thread, I
do own that handful of astm, CNSI, and some KDUS--
that Cambridge Neuro is plenty liquid all of a sudden,
the Cadus lotto tickets are not tradable, huge spread
--here is the url for the thread:
Subject 30612
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