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Biotech / Medical : CLTR COULTER PHARMACEUTICAL

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To: Vector1 who wrote (566)5/12/2000 12:32:00 AM
From: Trey Yon  Read Replies (1) of 666
 
Dear vector1,
I've been trading in & out of CLTR for 12 months & have found it nicely profitable for a small swing trader like myself.
While I consider myself to have ONLY a decent grasp of NHL, radio-isotopes, etc. ... It really wasn't too difficult to pull up some biotech charts during late March & see that the sky REALLY WAS FALLING, for those who endure the drawdown all I can say is I have felt your pain more times than I care to admit. but the scars of prior biotech debacles serve to remind this long to be like a "reed in the wind" where CLTR is concerned.

did any body else notice the large block at the close Wed?
chart:
quote.yahoo.com

same thing happened last Oct, when I got really long around $14.

FWIW, from a technical standpoint the worst appears to be over CLTR has formed a decent little base here this month & time segmented volume is actually showing a positive divergence. another 3-6 months of technical healing & a FDA filing and all will be right with Coulter once again.

whats this chatter about possible license to IDPH for Zev?
It seems to me that this is more an all or nothing scenario if the patent is strong enough, why let Zev on the market at all? granted it looks to be an expensive drawn out battle.

TTFN,
happy trading
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