CRIS, Curis (formerly CBMI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : CRIS, Curis (formerly CBMI)

CRIS 1.150

+2.7%

Nov 25 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bubba who wrote (40)	6/2/1997 1:16:00 PM
From: Boyce Burge	of 668

Dont be discouraged with CBMI, just take a longer view. Usually, entry price is a poweful psychological factor when buying a stock like this. Two years ago CBMI was at 3, and today its at 10. Since Jan 1996 it has tended to cycle between 6 and 12, with an upward trend. If you bought at 6 you're happy. If you paid 12 you feel stupid. But CBMI (the company) is not to blame...they are executing very well. Its just Mr Market in his manic depressive cycle thats creating these swings. So much for the traders vision. In terms of fundamentals, there will very possibly be an announcement in the next 6 months that human trials will start for OP-1. When that happens we could see a new level of excitement, taking us to 14 or 15 or higher. Maybe we're seeiing the start of that now. If you are impatient, that would be a good time to exit. My own rule is that I sell if the stock doubles inside of a year. If you paid 10 or 12, then wait til next year when revenues from bone healing are rolling in, and progress is being logged on OP-1 kidney trials,... at that point we will probably see 20.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next