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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (586)12/20/1997 3:18:00 PM
From: Sergio H  Read Replies (2) of 2377
 
FROM INSTOCK:
If anyone is interested, look at DEPO. Crashed 70% Friday. I got in at 3 11/16
and it closed at 4 1/16 X 4 1/8 . Looking for a bounce Monday, maybe ( Thats
rather larger Maybe ) Tuesday as well. Combo of a really bad Market Friday and
FDA rejectioning killed the stock. Read the DEPO thread and ALL news from
Friday.
DEPO rating has be lowered, but not near as bad as many companies how's stocks
have crashed. One News report from Friday states that the stock should at least
rebound to the $5 to $7 ( maybe its $6, check it ) range in a very short term.
DEPO might be a good 20% plus one or two day gainer.
I know Doug see's it going down more, but I beleive if I understood him
currectly, he was talking about AFTER the Bounce. There for it might be a good
double winner.
Play the bounce then go short on it.
Any of you TA people want to comment?
Sergio, you allways see things other miss, what do you think.
Any or all of you can post on a thread ( I will see it ) or email me direct.
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