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Biotech / Medical : Nortran Pharmaceutical -NRT.V

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To: Wisee who wrote (969)10/9/1998 2:59:00 PM
From: Michael M. Cubrilo  Read Replies (1) of 1185
 
WISEE, these companies with market caps of $100 MM and with "little going for them..." will be brought down to earth, rest assured. They will fall HARD and FAST before the average investor has time to bail. I would certainly hope that NRT does not try to emulate these companies simply to bump up the share price.

At the end of the day, fundamentals must win over. A company requires cash flow and positive earnings to survive. If a company has neither, than it must be "played" differently than an investment in CocaCola.

These companies that do not trade on fundamentals, and there are hundreds of them, are like a pyramid scheme. The question is, where are you on the cycle when buying, or selling?

Follow the charts.... they don't lie. Buy low, sell higher... not highest.

Regards,

Mike

(PS: I am totally out of Nortran, but made a nice return. Still watching the chart and waiting, waiting patiently)
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