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Biotech / Medical : Martek Biosciences---- future biotech cash cow!
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To: Saulamanca who wrote (208)2/12/2002 2:55:37 PM
From: Asymmetric  Read Replies (1) of 258
 
Got partial fill at 28.46

Jim, I don't like to chase stocks, especially
not in this market environment. High for this
stock is 30.90, so if Martek takes out the high
for the year sometime in the next two-three weeks,
that leaves me about 10% upside to that point.
While I'm not saying that marks resistance, I
am saying I need to leave myself some headroom
for me to be comfortable about my purchase.

Right now, I like the volume, because rising volume
generally precedes a rise in price, and I definitely
like what I see on the charts:

askresearch.com

Good luck to all.

Peter.
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