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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote ()2/24/2000 9:23:00 AM
From: el vez  Read Replies (2) of 108040
 
A word of caution. It seems as though some of these high flying low small cap biotech are getting initial morning pops on news only to fall back to their previous level in the afternoon. Definitely profit taking, taking place. I saw this yesterday with IMNR (still holding) and a few others. Now, another I am holding is ARIA. It is up this morning on great news and it may go to 50 today I have no idea. All I am saying is be careful with some of these over the very short term. Wait for some initial pullback and don't go jumping in willy nilly. A longer window of expection may also be required to bare any real tangible success.
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