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Biotech / Medical : Physicians Resource Group (PRG) : Is it a good buy here?
PRG 30.48-0.1%Dec 26 9:30 AM EST

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To: yard_man who wrote ()8/18/1997 9:30:00 PM
From: PuddleGlum   of 19
 
Barry-
I jumped into this one early and was fortunately able to get out with enough profit for a modest dinner at a local restaurant. Then I got in again just a couple of weeks ago. Sure looks to me like we've hit bottom, what with bullish divergence on RSI and all. I'm encouraged by the Street's reaction to the missed earnings, as that indicates that PRG hit the whisper number. The CEO was modestly upbeat about the second half, too. I don't see this one providing great returns, but it's safe and should be back over $10 within 3 months.

I've also noticed how the volume frequently picks up a couple hours into the trading session. Looks like somebody big is accumulating the stock.

Steve
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