The 56 Point TA; Charts With an Attitude Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Doug R who wrote (12353)	2/17/1998 11:46:00 AM
From: Hank	Read Replies (1) of 79284

Doug and All; I initiated a short position in VVUS today at 13 1/4. Seems to be a lot of uncertainty about the future of this company now that Pfizer will be releasing it's own impotence drug very soon (just check the VVUS threads on SI). Earnings are not due until sometime in March and they are expected to post a loss, so I see nothing in the immediate future that will move the price up. Money flow and BOP have been steadily decreasing (although not outright negative yet). Seems like a perfect scenario for this one to revisit it's lows and form a double bottom. I expect to cover at around 10 within 1-2 weeks unless circumstances dictate otherwise. If anyone has any comments about this move either pro or con, I'd like to hear them. Hank

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next