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Biotech / Medical : HEB, Hemispherx Biopharma (AMEX)NEW

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To: Graham Marshman who wrote (20)11/7/1997 9:23:00 AM
From: MarcG   of 857
 
However, this is far from being a market stock. Knowing the high level of insider equity participation in HEB, your research on insider trading can be taken very positively. Yahoo is showing 3 mo. average daily volume at 130.9k, so for me, anything up to the 6-700k range would be considered sustainable. The 50 day moving average at 4 1/2 indicates good support in the mid to high 4's.
I think RS has moved up about 50% recently from 40 to 60. It will be interesting to see how yesterday's
accumulation/distribution pattern plays out as HEB stayed + all day. More of the same might indicate something fundamental is up.

MG:
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