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Biotech / Medical : CYTO

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To: adam boshnyak who wrote (7269)5/26/1998 5:02:00 PM
From: starpopper  Read Replies (1) of 8116
 
I LOVE THIS MARKET!!!

In the last half hour of trading today I was both horrified and thrilled by the performance of CYTO stock!

I started accumulating last week at $1.25, then added some more at $1.00. Of course this puppy continued it's slide the very next day to $.75 where I doubled my position. Needless to say I was getting extremely worried today about my presumed "wisdom" when I saw CYTO trade at 5/8ths shortly after 3:30pm!

The good news about a settlement between CYTO and Dupont-Merck hit at 3:41pm and propelled us back over $1! I went from being down more than 30% at one point today to closing with a 25% gain on my position!

The rest of the week could be VERY interesting indeed...either we brush off this news and continue our slide, or we have a nice pop to the $3-$5 range based on higher expections that some real marketing of Quadramet might be in the offing!

CYTO daily low $.625, daily high $1.25...that's a nice 100% spread for the day!!!

I'll say it again...I LOVE THIS MARKET!!!

$WEET DREAM$

$tarpopper
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