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Biotech / Medical : CEPH
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To: DIVYA DUTTA who wrote (148)5/6/1997 2:06:00 AM
From: Rohit Nanavati   of 998
 
Divya,
One word of wisdom for future. Dont sit tight and let your hard earned money go down the drain. When you bought DRMD at 14 3/4 (2500 shares is a lot of money)you should have put stop loss at may be 13 1/4. That is, lets market take you out. Now traders will keep on making money between 11 and 15 while you may break even at 15. If I find info, I will let you know. I still expect lots of volatility in CEPH for the next 2 days. Wish you good luck. If you decide to hang on to your shares (CEPH) nothing wrong but make sure you hedge with puts. So in case if no approval, you dont get the lower end of stick.
Rohit Nanavati
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