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Strategies & Market Trends : Action & Options- Taxikid plays

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To: taxikid who wrote (3729)2/10/1998 10:37:00 AM
From: Druss  Read Replies (2) of 4339
 
Taxi and All: I have been trying to get a grip on HEPH.
A biotech with no products and nothing even in Phase 3 or 2 or 1 for that matter. Company has moved up wickedly in the past few days on no news and no discernable prospects. I have been checking the chat boards thinking there might be a hype job going on. Yahoo doesn't even have one on it. SI has a minimal thread with people (now including me) wondering why the jump. There is very little information available. I ran though the major newspapers and magazines I could check, financials are typical start up biotech, no income, losing money, but a promise of sexy drugs someday. No institutions with any shares. It reeks short but I don't care to hit it before I find out why it is moving in the first place. If anyone knows anything could they let me know?
All the Best
Druss
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