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Biotech / Medical : OPTS--Opta Food Ingredients

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To: Bill Bishop who wrote ()6/7/1997 2:42:00 PM
From: Instock   of 85
 
The fact that this thread is listed high on the "HOT SUBJECT" List, I know many of you are watching for this baby to drop.
Short Sell.
I still beleave this stock will drop more.
When, I am not sure but it should be very soon.
The fact that it has held its high price very well, indicates to me that the drop will not be real large.
The oppertunity to get out was this past Tuesday or Wednsday when the price dropped to 7 1/4 and 7 3/8.
Those prices, or just a bit lower, might be the best LOW for the short term.
Long term, the stock could go either way.

Could be a good short term short sell still for a 10 to 15 % gain.
After profit taking, this might be a good one for the long term invester who is patient.

Good Luck
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