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Biotech / Medical : Depotech(depo)
DEPO 7.300+1.7%Aug 14 5:00 PM EST

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To: chirodoc who wrote (270)11/28/1997 1:17:00 PM
From: Tom D  Read Replies (1) of 887
 
That's the way I see it...

except for that part at the very end about the possibility of going down. I don't see that happening.

I really had the itch to buy more DEPO today. My margin percentage is only 62%. I was tempted to margin to the maximum, figuring that it is unlikely that DEPO is going below 15 any more, so I wouldn't get a margin call.

But I decided that was a dangerous game, and I've already got a goodly amount of DEPO. So I held off. Thus, today's price rise occurred without any boost from me. Small volume, but apparently somebody has decided it is time to buy. I don't know if you noticed, but as best as I could tell, about 80% of Wednesday's action was people buying from the MM's. Very few sales to MM's lately.

:>),

Tom
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