Theragenics (TGX) on the up and up Message Board

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Biotech / Medical : Theragenics (TGX) on the up and up

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To: Platter who wrote (756)	3/18/1998 8:42:00 PM
From: Ron Kline	Read Replies (1) of 1055

Bry, I am not trying to say that what you say is necessarily wrong but I would like to point out a couple of things. First there was not heavy insider sales by management. I have seen some insiders dispose of some shares, but it was at much lower prices than today, and it was a small % of the float. Secondly, I don't see many people beating the horn on this stock as a buy. What I read from most comments is that people don't believe how much the stock has gone up. I've heard most people say they are taking profits (lower than it's trading). As far as downgrades I would not listen to them. They downgraded THRX at $20 for the same reason. They said it was overpriced and they didn't think earnings were going to continue due to adding new capacity. Well I had just bought when they said that and almost sold on the news but decided to hold out for $30. How many points later I'm still here. I'm not saying people should just jump in the stock, but technically the stock is very strong and I don't see that changing much soon. Yes it will correct, but I don't think I would compare it to oil stocks. I do not see a sudden change in demand, just my opinion. Ron

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