Duramed (DRMD) Synthetic Estrogen Product Message Board

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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: wanzer who wrote (672)	3/21/1998 12:40:00 PM
From: Doug Bean	Read Replies (1) of 1837

I agree. That the stock may fall back a bit here , I would not argue. That the stock will fall back enough to make much on it , i would not risk the cash it takes to short. The upside risk is way to big if something happens and the downside risk is too small. It may fall a buck but to make a few thousand, you risk losing many thousands. But hey, what the hell do i know? Shorts are a part of the way a stock moves, so short away. When you cover it will help the rest of us. I don't pretend to know how far or in what direction the stock will move short term. But don't look for it to fall back into the 3s or even 4s again . that was when there was some doubt that the company was going to make it at all. If we were all so smart that we could predict what was going to happen,, where were we when the stock was trading at 3 1/8?? We should have really loaded the boat and then we would all have over doubled our money in no time. Just think , 10,000 shares was only 30k+. Now that would be nearly 70k . No, i think these predictions are grounded in wishful thinking and I for one will continue to hold. Good luck to you all whatever you decide on Monday. CRDoug

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