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: Ted Zeilstra who wrote (767)	3/22/1998 12:22:00 PM
From: Ron Kline	of 1055

The problem I see in trying to guess what happens with THRX is that it can end up that everyone is wrong. I remember a guy here who insisted that THRX was overpriced in the 40's and that he was going to wait until it got to upper 20's, lower 30's to buy the stock. Well it went down to about $35 during the crash and he kept posting that he was not buying yet. Well when the reversal came he insisted it was too high. He even said in the early 40's that it was not real and would be back down. Well that's when I was buying more because I saw the strength in the stock. Well this guy is sitting on flat BTIM waiting to make a killing. My remark is not to attack this guy but to show how proving what a stock will do vs. observing what it really does is a much better way to invest. I admit I slip and invest this way also. I sold Yahoo about 50 points ago for the same arguments put on this board. I'm still waiting for that correction so I can buy back where I sold. Somehow I don't think that day will ever come.

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