International Isotopes (INIS) Message Board

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Biotech / Medical : International Isotopes (INIS)

INIS 0.0660

-2.9%

Dec 10 11:09 AM EST

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To: Byelow who wrote (50)	4/8/1998 1:50:00 PM
From: Richard Belanger	Read Replies (1) of 81

I think we just need to reconcile ourselves to the fact that INIS will be very volatile. As I previously said, I think the price got a little bit ahead of itself. I have no idea what is a reasonable price for INIS. What kind of a premium is the market willing to pay based solely on future earnings? Beats me. But I think the chances are good that for a company at this stage of development there will be significant pullbacks after rapid climbs, and vice versa. This trend can be your friend. I sold some shares at 32 and recently bought back at 24. I'm very bullish long term, but may continue to trade on swings (not my usual style). However, I would never short a stock with this kind of potential. On another note, I am a little concerned that the company has not returned my calls regarding licensing status. Rich

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