Ge, Bob is a trader and a lot of us should have listened to him last summer...He was one of the few who relentlessly advocated that we should sell Cyto and take a re-look near the end of '96...He correctly predicted that you would be able to buy back in at a much reduced level..I remember him peeking in once or twice before Christmas and giving no indication that he thought we were low enough yet to buy back in..He, unlike myself, has controlled his emotions on this stock..The only time that I've been able to do that is when I exited most of my position at $4.1275 and waited to re-buy between $2.00 and $1.3875...He has a good track record. My only recommendation, even though it's none of my business, is that when he buy's in he should say so BEFORE it runs up..Otherwise it looks like he is just claiming to have bought in and made a bunch overnight...For instance, right after this run-up he said he was within $.03?? of being a double, Well the low for the year was $1.25, a double would be $2.50 and we have not yet closed or traded at $2.47, we've been fairly close, but a pure double is not possible, YET....Sorry for the minor bash Bob, but overall I am indeed supporting your thoughts. I remember your prior postings and you have been pretty much right on..Continued good luck to you...Keep your opinions flowing when you have the time to contribute on this stock...
Later, Dan |
