SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Nortran Pharmaceutical -NRT.V

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wisee who wrote (984)11/10/1998 3:28:00 PM
From: Michael M. Cubrilo   of 1185
 
Wisee..... looks very good, IMO. Also, the recent appointment of a senior former employee of LaRoche bodes VERY well for the company.

Now, you can bet your shorts that this fellow did not join without getting a shwack of stock options. Stock options must be issued "based on the last XXX amount of tradings days" to peg a value on the options. Would you want to join a company at the peak like it was last summer, or when it was trading near its 52 week low? Precisely....

The trend is your friend.... I would not be surprised to see it rise, then pull back a bit, level out and then start a rapid price rise followed up with and sustained with positive news releases.

After a while of this.... THAT is the TIME to SELL! It does not matter whether you hit the top or not... I got out at $2.40 range.... what matters is that I doubled my money.

Pigs get slaughtered.... do not get greedy or let emotions take over. Be rational, use your head. It is paper. Anyone buying at $1.00 range is already up over 30% but, IMO, I would hold until you see some better returns, at least over $2.00 Could be about a six month wait... but it will be worth it.

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext