STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE Message Board

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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 (587)	12/21/1997 10:34:00 AM
From: TripleWitching	Read Replies (1) of 2377

DEPO Sergio I too played DEPO for a bounce on Friday. The company was refused by FDA on their drug that is liscened with CHIR. My feeling is that an appeal will take place. Anyway like all other stocks that have been beated up, this stock lost around 70% of value in one day. I feel there should be a bounce. The stock was 13 on Thursday and closed on Friday at 4 1/8. The reason for my bullish opinion is two fold first I can't believe that a company like CHIR would back a company if there wasn't any credence behind their product, and secondly 67% drop in 1 day seems like overkill. TORO

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