Lidak Pharm. [LDAKA] Message Board

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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: tony truong who wrote (297)	7/29/1997 3:00:00 AM
From: luis a. garcia	of 1115

OK I downloaded the data.. I think the trend is bullish, the 50 day ave or the new trend is still held at bay by the 150 day average.. older and established... the chart shows a stock biding its time waiting for an event. The price is clear of the 150 day average but that is on the recent news of the Kaposi trials the LMI phase II trials and the mouse patent.. now we await the results of the lidakol trial to finaly break through in a convincing manner.. but till then all bets are off.. the stock will retreat back towards the two dollar level. Kind of fall of its own weigth. However with a long basing pattern and the momemtum of good phase III trial news we could have a very nice gap up tick. luis

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