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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: mtnlady who wrote (3970)9/27/2000 2:35:24 PM
From: stockman_scott  Read Replies (1) of 65232
 
Check out CTIC.....It's a biotech highflyer....

I knew about this stock when it was totally out of favor and under $2....Of course I didn't board the train....One of my friends (who doesn't invest much) bought CTIC under $2 and recently sold it at over $45....Yet, the company has great potential since they have some breakthrough compounds for cancer starting to get approval....I actually just took an initial position this morning in the mid 50s....CBIC has a new price target on CTIC of $101....We'll see....The biotechs are not valued in a rational way and its important to use a stop loss....;-)

Regards,

Scott
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