Biotech Holdings Message Board

STOCKTALK

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 : Biotech Holdings

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Louie Romano who wrote (112)	6/29/1998 9:31:00 PM
From: William Whitehead Jr.	Read Replies (1) of 224

A Good Time to Accumulate Biotech is now trading at (or very close to) its 52-week low. There is no real reason to account for this except for the fact that many people are growing impatient and would rather sell now, take a loss and move on to another stock. Others are selling because they're being hit with margin calls and as often is the case - it is the penny stock that gets sold first. I believe that this is in fact a good time to accumulate the stock. There is little down side risk from here. Fundamentally, I believe the company is now profitable - the packaging division is doing well. The one thing I would suggest is also keeping an eye on the volume of stock traded on the Nasdaq vs Alberta. More Americans are onto this company than Canadians.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next