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Biotech / Medical : CRIS, Curis (formerly CBMI)
CRIS 1.330+17.7%Nov 14 9:30 AM EST

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To: Mr. Aloha who wrote (271)2/19/2000 12:52:00 PM
From: lifeisgood  Read Replies (1) of 668
 
I shorted another stock that looks the same as this on other day - SCON and it's starting to come back down. quote.yahoo.com;

Aloha,

First SCON is a scam, CBMI is a legitimate company, in a recent merger, and in a currently hot sector. Second, if you are going to compare apples to oranges, please note that SCON and CBMI were both trading at about $5 at the beginning of the year. SCON reached 8 times that before retreating. CBMI must reach 40 before you can reasonably compare the price action in the two stocks. It's likely that CBMI will reach that level next week as biotechs are still blazing and the market is due for, at least, a short term pop.

Selling CBMI longs now will leave too much on the table. I expect to see it much higher from here with occasional consolidation.

Hope you're using tight stops on your CBMI short.

best...

LIG
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