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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Findit who wrote (57665)2/24/2007 4:34:31 AM
From: sammy levy  Read Replies (1) of 59879
 
Findit,
I am holding DORB at 0.24
Yesterday's "crash" happened due to Sigma Tau's letter that they have no plans to buy out DOR.But the original letter of intent NEVER mentioned any intention to buy out DOR only about orBec in Europe and those plans have not changed.
So I see the sell off as panic selling by those who have no idea what is involved here and by traders that entered the stock based on the chart.

CTCI's offer to buy DOR is still on the table (.70-.90 a share)
orBec still has a very high chance of being approved.
The Bio defense vaccines are in progress.
No reason to sell yet.

Sammy
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