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: Jeffrey Beckman who wrote (761)	3/21/1998 11:24:00 AM
From: Stephen M. DeMoss	Read Replies (2) of 1055

The split is probably what is holding the stock up. Before they announced the split, I saw the stock as losing air. The split anticipation breathed short term life into the stock. I usually short stocks leading into the split as the price is artificially held up and selling comes in after the split. If this market corrects, Thrx has a lot of downside. Its got a great product but is way ahead of even the lofty projections of analysist (stock price wise). Presently Im short 1400 shares and will add on strength. Seems to me technically it double topped at 70-71 range. Did not rally the past two days on up days for the market. I saw some selling below the closing bid (about 20,000) and I have to wonder if we will see continued selling next week. After the split, I see even more downside, not just for thrx but also the market. Two questions: Earnings come out when? Also, the split is for all in the stock by what date (April 15?). Thanks in advance. Steve D.

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