Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: chowder who wrote (5956)	1/7/2002 3:34:51 PM
From: CpsOmis	Read Replies (2) of 206319

Bum... Did a s.t. on IMCL from 35.79 to 36.9 for a quick 500 bucks. Nearing the halfway point for regaining my Dec. builder shorts losses.... Used the 15 minute sticks and saw it topping... Looks weak so far here... also, today looks just like the sharp drop on the 31st.... and it dropped more the next day with a solid red candle....this looks a bit like a cut and run inverse January effect take your profits kind of situation.. a little reading and there is a snafu with the acceptance of one of their new drugs by govt....looks to be a delay due to paperwork... still, the forward P/E looks to be about 15...isn't that pretty low for a biotech? What is your take again on the close...buy if there is stron buying action in the next 25 minutes? Cosmo

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