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Biotech / Medical : Martek Biosciences---- future biotech cash cow!

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To: Saulamanca who wrote (200)1/15/2002 5:06:53 AM
From: Asymmetric  Read Replies (1) of 258
 
Jim, MATK got it's lift on Monday.

Up another 5.4% (+1.5). With trading volume WAY above
average, momentum says this stock is going higher and
that institutions are getting into stock. As you know
it often takes institutions many days, if not weeks, to
accumulate their positions...especially in a stock that
once saw an average daily trading volume of 80,000 shares.
However, manufacturing capacity constraints and relatively
low yields at present will put restraint on stock as far as
fundamental valuation. However, with Wall Street desperately
grasping for good growth stories, that may not matter, as
analysts shift investor focus to potential future markets
beyond infant formula to justify continued run-up in price...
along with the fact that many institutions and funds are
just learning about this company. Congrats.

Peter
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