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Biotech / Medical : Vivus, Why the Slide?

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To: DDS-OMS who wrote (3704)9/22/1997 12:29:00 AM
From: Tim Gardner   of 3991
 
Gary, don't miss the big picture. The in and out game is fine, but if you're not careful it can cost you a truckload of profit. I know, because I owned VVUS when it was at $32 a share pre-split -- or an equivalent of $16 a share. I sold at $33 pre split. I'm still kicking myself for that one. I got back in recently at $25 1/2 and I'm holding for good now. The explosion in future revenue just can't be ignored. This stock should be close to $100 a share a year from now with the expected revenue growth and there is just no reason to try to make a couple of bucks here and there daytrading it. I'll admit this is a highly volatile issue but unless you're a perfect timer I wouldn't play games with this one. Good Luck and GO VVUS!!!!
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