Biotime-Nasdaq's best kept secret? Message Board

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Biotech / Medical : Biotime-Nasdaq's best kept secret?

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Nov 5 1:26 PM EST

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To: RealTime who wrote (1055)	7/13/1998 12:16:00 PM
From: Jim Roof	Read Replies (1) of 1432

The reason it does not matter is that the fundamentals for Biotime have not changed one bit over the last 1 1/2 years. What has changed is the technical picture of a drastic move from strength to weakness. This bottom (if indeed it is a bottom) is as likely to be as volatile as the top in the mid 20's. I do not know whether it was short-sellers or profit takers who first broke the trend at the top - it does not matter... it was broken. Likewise, I do not care who it is who breaks the trend at the bottom. I do not think it really matters from a technical standpoint. Fundamentally I remain the same as I have always been - bullish. Technically I think that with over 2M shares short this rally could make things interesting. Jim

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