Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (2789)	11/17/1997 4:22:00 AM
From: ForYourEyesOnly	Read Replies (1) of 7396

Mark, are you a short specialist? I have an interesting long.... DEPO is about to get approval of a new cancer drug, and recently announced a meeting with the ODAC (Dec. I believe). The stock price has not moved at all since the announcement, but the OBV has soared. Could this indicate that it is preparing for a big move? Would it be possible for you to let me know what you think of the technicals on this stock, OBV in particular? IDMC is also interesting, just announced a big deal in El Salvador ($350M), with rumors of another 3 or so biggies coming soon. But it has already appreciated in anticipation of the announcements, so I wonder how much further it can go. If you have time, take a look and tell me what you see. Good luck... THC Good luck...

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