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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Dave O. who wrote (27)10/28/1996 5:59:00 PM
From: DeadHead   of 1172
 
Dave,

I respect your investment style, but if you look at the seasonal trend of CMTR and many other small stocks, you'll notice a lot of tax-loss selling this time of year. The stock price of CMTR and many similar stocks has nothing to do with their intrinsic value.

Being a contrarion, this is the time I buy, not sell. Of course, you should stick with what works for you. Sometimes we get too much cheerleading in these SI forums, so it's always a good counter balance to get the bear's view of these stocks as well.

Sure, CMTR is a risky stock; but they're just now positioned to make some real profits. I believe this is an excellent time to get in.
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