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Biotech / Medical : Vivus, Why the Slide?

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To: DDS-OMS who wrote (2999)8/15/1997 9:16:00 AM
From: Tunica Albuginea   of 3991
 
Gary, do I know how to rattle a technitian or do I??/(gg).
Your questions and remarks:
-Muse is not a cure for ed;It is a therapy.Misprint on my part.When
you are not writting in a patient's chart I guess sometimes it's easier to
make mistakes.I will be very/more medically accurate from now on,knowing
we have an aspiring physicain amongst!!(gg).
-I knew that Vivus might go down some more when I bought it at 26.5
but it was not of serious concern to me because: the amount I bought
was small; It was cash with no margin;I have zero margin;I am not
long or short in any other stock so I don't care what the market does;
I know that this stock,in the next 12 months will hit45-50 so 25.6
is good enough;I DON'T KNOW, AND YOU DON'T KNOW HOW LOW VIVUS WILL GO
and since I really want to be in this stock I am willing to pay a little
premium;
In regards to TA:It's too late for me to get into it;I was never excited
by math and pre-calculus was as far as I got whereas my two sons will be done
with Algebra II at age 14 and going into Funct Stats & trig at 15;
The problem with TA however is that IMHO it just describes what the
herd will do or likely to do.In life I have always made it my point
NOT to do what the herd does,but, frequently, do the opposite(gg).
A contrarian you might say.You can do very well in the stock market
without TA as many in this thread will tell you.As Mark said we fly
by the seat of our pants.All other stocks I listen carefully to my
broker;Vivus on the other hand is my business,medicine,it is what I am
good at(unlike math) and so I follow my medical knowledge.
I have repeatedly put disclaimers in this thread for people not
to do what I do and that this thread is for fun and entertainment.
few or nobody is in the exact same position I am in,we are all different
at different ages with different needs and financial position so
everybody here should sit down with their financial adviser/broker
and tell THEM what TUNA thinks(gg) and let THEM advise you.
Of course I don.t know if their broker what have advised to go BIG
on Vivus at 16.5!!!!(gg).By the way,and here is what I would be interested
to know A) what did your charts tell you TO DO when Vivus was 16.5,
and,B)Did you buy it then? or at what price did you get it.
If you should accept this mission,then this thread will be gratefull to
you and advance to the forward guru position and listen to your buy
sell reccomm.Incidentally, my aim is to trade Vivus at this point between20-28
at 1.25 spreads 9MY cost both ways is .25 cents total)9 that is all I
need.The trade is executed on a daily basis,in and out.I did not get
in at 26.5 for the long haul.That was a one day deal.With moving
2-4000 shares a plop that translates to $ 2-3000/day; not a lot of
money but enough to pay for gas.
TA
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