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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: Brian Malloy who wrote (6118)3/24/1998 10:04:00 PM
From: VLAD  Read Replies (1) of 23519
 
He who hesitates gets left behind.

If you are looking for deals then I agree with your thinking.
However, if you know all about what is going on with vivus and seriously want to take a long position then now is the time to get into the vivus game. Every stock finds its bottom where longs refuse to sell at oversold prices and where there becomes a shortage of shares to short. IMO vivus has found its bottom. I think Mondays trading supports this concept. There have been many stocks I have wanted to buy but didn't because I thought I could get in at a lower price. It also depends on what you are "looking" for. If you are looking for a company that has a proven product and world wide growth potential and you think that the Viagra hype induced fear selling is over then buy now. If you think that the price will go down on Viagra approval then wait. IMO the price already reflects Viagra approval (at this point nobody thinks Viagra won't get approval). IMO the extremely (and I mean extremely) small chance that Viagra approval will be delayed gives the stock price some serious upside potential.
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