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Biotech / Medical : IPIC
IPIC 0.00010000.0%Dec 18 4:00 PM EST

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To: Ted Downs who wrote (777)10/9/1997 10:43:00 AM
From: Banjoman   of 1359
 
>>
I noticed that IPIC went up 7/8 today. Would you say that this is an indication that IPIC is going to 6 or 7 as you have previously told us or at least please tell us what you base your projections on. Also, I wonder when I should buy puts to "protect myself" since I never give money to the option writers please do give me some expert advice.<<

Ted,
Some rules for a novice:
1) Online advice is worth very little. You don't know who the person is on the other end, what their level of experience is, etc. So make your own decisions based on your own research and knowledge, or hire someone (either by using mutual funds, or by subscribing to a newsletter).
2) If you are a novice, don't bother with options. If you think a stock will go down, don't own it. If you think it will be higher at some future date, buy it.
3) My personal observation is that online predictions of future prices are not predictive.
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