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Microcap & Penny Stocks : Pharmos(PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST

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To: yosi s who wrote (1253)9/18/1998 9:19:00 AM
From: wolfdog2  Read Replies (1) of 1491
 
Yosi, agreed we are in a bear market. But I think we are in the late stage of the bear market. When they take the generals out and shoot them, that usually marks the end of the bear move. Right now they are driving down the prices of stocks like LU, GE etc.

As to biotechs, many of the ones I follow are either stabilizing or starting to move up slightly. I don't think that you can attribute yesterday's weakness in PARS to market forces alone. As you pointed out PARS is now revenue producing. That being so it's judged by revenue flow and as we know revenues will be down in Q3.
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