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Biotech / Medical : SIBIA Neurosciences (SIBI)

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To: Mike McFarland who wrote (245)11/5/1998 10:15:00 AM
From: scaram(o)uche  Read Replies (2) of 579
 
Or wait for developments that lead to sales, profits and the like, Mike. I understand the sentiment, but I both trade SIBI shares and hold them long-term. If I miss an op to sell some on a rally, I only consider it as more long-term profit potential.

Certain third-tier biotechs will turn out to be whomp-baggers. It is impossible for anyone to predict accurately that SIBI or any other issue will be among them. However, the "basket" approach worked very effectively for me 12/94, and good third-tier science is a bigger bargain now.
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