SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Arterial Vascular Engineering AVEI

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pancho Villa who wrote (132)4/20/1998 1:59:00 PM
From: Goolie2  Read Replies (2) of 410
 
It looks like the stock is under serious distribution. The fundamentals are spectacular but the chart is telling a different story. Why is so much stock comming to market with such great earnings and in the face of a number of upgrades?

As I mentioned in a previous post, I made a very bad decision to buy on the open Friday at $41 1/4. I just sold 3/4 of that position at a 14% loss. My bigger mistake was not blowing it out at a 7% loss. I like the prospects of this company longer term, but the air has to be cleared first. Watch for a gap down on a news announcement near term.

Goolie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext