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Biotech / Medical : HMSC- A simple breast cancer screening device
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To: ref who wrote (42)1/8/1998 7:46:00 PM
From: Geigartt  Read Replies (1) of 246
 
Dick:

Re: Target for HMSC

I'm learning as I as go along. The pattern I have seen others who are short, follow on more than one cycle is to short in the $11 to $12 range and cover as it drops toward $7. At some point in time I expect it to go terminal because I don't think it is a viable product and BreastAlert is their only egg. But I wouldn't venture a guess as to when or what event would trigger that trip. Although the recent behavior is welcome, the market and HMSC don't follow any logic that I can identify. It is down today on heaviest vol it has had recently. Seems to be some serious selling going on, but who knows what is responsible.
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