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Biotech / Medical : LJL Biosystems, Inc (LJLB)

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To: The Barracudaâ„¢ who wrote (51)3/30/2000 2:34:00 PM
From: ahhaha  Read Replies (1) of 90
 
It's interesting that every stock I watch is down and is down 9 - 11%. This indicates what we have here is margin liquidation by the squeezed public. It takes a few days before the brokerages finish selling out those who don't meet SMA requirements. We are in that period now.

To tell you the truth I'm glad to see the 30 million speculating fools on margin get burnt to toast. They force an investor to sell after an absurd run-up just to protect against the inevitable excesses of the public generated down side. An investor does not want to sell a good company.

If you see the RUT form a HS bottom and then start up quickly, get on board. I suspect this will begin tomorrow, if not in the next half hour. LJLB will definitely fly.
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