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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Crossy who wrote (822)1/2/2003 7:20:14 PM
From: Sergio H  Read Replies (1) of 23958
 
Thanks Crossy. ALU added to the folio.

A few notes on CLGY:

Today's volume, even after announcing a major marketing, deal was less than the avg. daily volume. I would expect that CLGY will get more institutional interest over the next couple of months. There's money in the till and three late stage NDAs in the pipeline.

I think that the gap in today's chart present a good buying opportunity on gap refill. Patience may be necessary as GKM has reiterated their rating and raised their price target. Gap fill or not, I have a short term target of mid 6s and over the next three months it could be a teen ager, if Tostrex gets a favorable FDA nod in April.

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I thanked Crossy publicly and sent Ed a PM thanking him for his participation on this thread, so I want to take this opportunity to thank everyone for their contributions.

Much appreciation for the insight and varying perspective and honesty that is being offered here by each individual.

I wish you all another successful year.
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