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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: lifeisgood who wrote (272)2/19/2000 2:36:00 PM
From: Mr. Aloha  Read Replies (1) of 668
 
Reason for Short position?

First the chart...

quote.yahoo.com

It's straight up and yesterday's close near the low shows signs of weakness after several days of LARGE gains.

Are you familiar with Worden Brothers? They have one of the highest rated software charting programs on the market. Been in the business for 40+ years etc..

They recommended buying CBMI a few days ago based on the break-out to the up side etc..

This is how I heard about the company.

On Thursday (2/17/00) 12:33pm they had this to day.

"CBMI is up big again today. If you took only partial profits following our note yesterday, surely this is a logical point to cash out the remainder of your positions. The rampant upside speculation in this stock has now turned into something of a bubble and cannot last for long. CMBI is now up almost 258% since we featured the stock on January 19."

The Bio's have been going up for a while and it's time for profit taking.

No chart goes straight up and stays. It doesn't matter if the stock is a scam or not.
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