OPTS--Opta Food Ingredients Message Board

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Biotech / Medical : OPTS--Opta Food Ingredients

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To: Doug R who wrote (19)	6/1/1997 11:34:00 PM
From: Instock	of 85

Doug: Have you had a chance to look at what the resistance levels and support levels are? How strong each is? Lots of shares bought month after month at prices well below $8.00 All potiential sellers. Very little shorting of the stock in the last few months ( gee, wonder why when the price WAS so low ) Have to go back to Nov before the stock was at this current price of $8.00 and even then there are dips down below. I am shooting for a 25% return on the short, if all goes as I think it will. Of course, timeing it will be very important to maxamizing the return. If I can time it right, I can go long and ride the bounce up too and maybe short it again. Thats the plan at least. You know how things do not always work as planned.<g> Later

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