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Biotech / Medical : HELIX BIOPHARMA (HBP:TSE)

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To: burner who wrote (72)7/1/1997 8:56:00 PM
From: trustmanic   of 193
 
Dan,
Although we don't expected this company made money at this stage and we all expected there will be deficits in the next few quarters, but this report stated a few disappointments:1/ the distribution division decline & 2/ delayed in launching new products. The market will not like it. May be yesterday's increase means tomorrow's fall.This is a very technical manoeuvre to offset the disadventage of this report.So even the share price drop tomorrow will not be a new 52 week low.
I sold some shares @1.1 and bought back @0.83 to suuport the share price.Although the average of my position is still above 0.90 but much better than 1.05.

George

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