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Biotech / Medical : OCGT again
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To: Stock Puppy who wrote (8)7/29/1996 9:04:00 AM
From: Jack Ucci   of 283
 
No, I don't know. In its weakening this week on Wednesday and
Thursday the volume was moderately heavy with approximately 160,000 on each day. With the overall assault on Nasdaq the absence of buyers is understandable and so the result is some weakening. Three weeks ago the drop from 1 5/16 to 1 had somewhat heavier volume (340,000 and 222,000). Still a continuing worry is the effect all the news of switches by bulls to bearish positions will have on stocks under $5
like OCGT without some announcements of new deals. I have not sold any of my position and in fact added to it three weeks ago after adding to it four weeks prior to that! Is it time to begin the Rain Dances?
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