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Biotech / Medical : Biochem Pharma (BCHE)
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To: Jim Oravetz who wrote (754)6/21/2000 4:57:00 PM
From: Shack  Read Replies (1) of 783
 
Hi Jim, you seem to be alone over here so i thought I'd throw in my two cents. I'm a trader (both day and position) and I have recently taken a heavy position in BCHE (actually in BCH on Toronto because I'm Canadian) call options. Here's a post I made over on Yahoo"

For whatever reason, we are moving up here. I recently bought some calls based on the bullish chart. Volume is rising, we are above the 50 and 200 MA, and probably most importantly, we are still near the bottom of the large 5 year trading channel. One other interesting note. I notice that we are trading more shares on the Nasdaq now instead of the Toronto exchange. This has not historically been the case, check the quote/charts (BCH.TO is the Yhoo symbol for the Canuck stock) I'm not even sure what it means but it would a appear there is more interest coming form the U.S. now.

Just thought I'd let you know that technically, things look better and better.

Cheers,
Shack
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