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Gold/Mining/Energy : Procyon Biopharma Inc.

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To: thebeach who wrote (45)8/31/1998 10:20:00 PM
From: William Whitehead Jr.  Read Replies (2) of 356
 
I agree, nice afternoon rally but the stock was sold down to 50 at one point. We know now what the lower limit of resistance is.

We will need a couple of additional days to confirm the up trend and the way Asia has opened (Tuesday) the broader market isn't going to be pretty - I say another triple digit lose, especially with the pounding the dollar is now taking. So the additional concern might be margin calls which could cause PBP to again test its 50 cent limit.
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