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Strategies & Market Trends : Attitude Small Stock Discussion

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To: freelyhovering who wrote (226)11/14/1997 10:45:00 AM
From: James Strauss  Read Replies (1) of 385
 
BICO...

Myron and All:

I just bought BICO at 1/4... This is a very speculative stock... Two weeks ago I wouldn't have touched this with a 10 foot pole... Recent news of Asian and European market introductions of their Diasensor 1000 Glucose monitoring device and an end of December request for another FDA meeting has created a spike bottom... MoneyFlow and volume are very positive....

I'm looking for a move to the 1/2 or more level, purely on technical activity... Fundamentally, this company has disappointed, Big Time, in the past... So, don't buy it in lieu of buying a real quality stock.... This is strictly Las Vegas type of short term trade with money you can afford to lose...

Jim
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