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Biotech / Medical : BINX: Incredible Product
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To: James Baker who wrote (86)11/20/1997 6:04:00 AM
From: Howard  Read Replies (2) of 103
 
James,
I must admit, I haven't charted BINX in a while, so this is just off the top of my head... BUT ... BINX nearly always drops on low volume just prior to a breakout. It will usually drop intra-day about 2-3 points as the MM takes at the stops down to the 50 dma... then he'll bounce it right back. These are great buying opportunities IMHO. Someone has been buying fairly large chunks of BINX during the past week... so I guess we'll see what's up in the next few days.

Howard
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