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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: Wai-Shan Lam who wrote (862)4/29/1998 2:45:00 PM
From: Jim Roof  Read Replies (1) of 1432
 
From a technical perspective BTIM is resting right around or just below what should be longterm support at 9-10. The intraday 8 1/5 does not worry me. It has traded steadily down from 16 to 10 and has yet to make a reaction to this slide. It will at some point. Perhaps shorts will see this as their point to cover and drive the price up. I think selling at this point is a mistake. If you want to get out then wait for another rally.

Jim
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