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Biotech / Medical : Sequana

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To: Pseudo Biologist who wrote (262)9/26/1997 9:38:00 PM
From: bob zagorin   of 337
 
PB. Here's what TA tells me. Lots of people sold their stock into the spike today. BOP is still solid green but down from yesterday while Moneystream remains straightup. Looking at the chart, SQNA traded between 14-16 for about a year from 6/96 to 6/97 when it dropped. All those people that bought at that price were sitting on losses until this week. A lot share Andy's frustration and were happy to get out even. To go thru this trading range of 14-16, will take some real news...upgrades, partnerships, institutional position etc.

In hindsight, i wish i had sold at 17 and bought back tonight at 14 but i want to own this stock now. so i'd rather let this winner ride.
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