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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 5 1:26 PM EST

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To: Bill Wexler who wrote (782)3/30/1998 10:44:00 PM
From: Jim Roof  Read Replies (1) of 1432
 
If it's being dumped then I find it strange that the last two rallies (from 11 to 18 and now from 11 to 15) have both been on strong volume. And the dip back to 11 was on slackening volume. The basic tenet of stock trading is 'volume goes with the trend'. This has the early earmarks of a reversal.

Last week was strong buying, not dumping. I don't care who is buying. But buy they did on about 2-2.5x normal volume. That ain't dumping.

If you had listened to me you could have covered at 11 and reshorted. That would have more than doubled your profit and put you into what you would think is a good position.

Jim
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