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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: vestor who wrote (1806)6/28/2001 7:14:15 PM
From: RumbleFish  Read Replies (2) of 1837
 
Vestor,

I don't really feel qualified to answer your particular queries. After further consideration I liquidated my DRMD position today. It was well over a double for me. While the stock may continue to double and triple from here I think it's at or near at least a medium-term top. The steady rise the last two months with no news makes me suspicious. It's quite possible there are momentous events going on beneath the surface. However, I've noticed that the market always seems to provide convertible holders with a good exit point. And when they leave the party it's often time to drink up and go home.

Just my opinion. I could be wrong.
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