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Biotech / Medical : FPA Medical Management - FPAMQ

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To: Vanni Resta who wrote (901)7/14/1998 3:12:00 PM
From: Douglas V. Fant  Read Replies (1) of 1110
 
Vanni, Volume is non-existent today-on a stock which until late had superheavy volume....

With the upturn in the MACD Line and with the Money Flow Index pointing up (note: the up/down tick ratio is still a negative 0.3 and has been stuck at that reading for about eight week straight), I think that this "submarine" is now sitting on the bottom of the Mediterranean.

The question is whether the FPAM Management just like the German Crew in the Movie "Das Boot" can de-ballast and right this ol' ship and head back to the surface....

But I agree with you- a downside of 7/8ths and a large potential upside- I'll sit and wait to see what happens.....

Also did you notice the repeat news message posted by FPAM on July 10th. The message was identical to its previously posted message- with one exception. It took out the five word reference to a potential bankruptcy filing. Now was this just a coincidence or intentional?



Sincerely,

Doug F.
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