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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: M.LUTH who wrote (661)10/16/1997 3:38:00 PM
From: luis a. garcia   of 1115
 
Mike I think the investment is looking better and better, the stock action is shameless.. mm's or someone is unabashedly selling into these little price climaxes right into the news and scalping off the pennies... beating the stock back down to the lowest support points..
Hard to believe with the amount of buying that has ocurred the past five days the price is beaten back down below 3. I can't wait till they put out that NDA to the FDA and get some revenue streams going... best we can do I guess is sit and watch the scalpers.. Well the smart money is coming in now we will see how she closes...
NASDAQ IS TANKING JUST LIKE THE DAY LIDAK REPORTED THE SUCCESS OF LIDAKOL PHASE III STUDIES...DOWN -29 POINTS... WAY TO GO LISA... PLEASE WORK ON YOUR TIMING A BIT...

luis
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