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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Mr. Aloha who wrote (543)6/26/1998 10:36:00 PM
From: werefrog  Read Replies (1) of 710
 
If you buy this stock now you will playing "Dead" money for atleast 1 or 2 quarters. I play many stocks for a "Dead Cat Bounce", but I will say they all go lower than what they close at on "Hit Day". CTEC might bounce a little on Monday, then again it might not. If it keeps going down you will be stuck for no telling how long. I originally bot it at 8 some years ago and it went to 1 1/2. I did'nt have enough sense to sell and after a couple of years it went to 14, a few months ago and I sold for a profit. I have learned to sell a loser very quickly as I was lucky CTET came back from a losing position. I am a daytrader now, much easier on the nerves and I don't have to worry about a stock overnight.
Jim - Dallas
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