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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 7 9:30 AM EST

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To: TomOrt who wrote (1184)11/14/1998 1:03:00 PM
From: John L.   of 1432
 
Tom I agree with you that there will be temptation to sell as we reach the 20's for some of the longs who bought and have been waiting to recover there investment. If the price lingers in the 20-30 range for more than a couple of months the pressure to get out without a loss might build. I have 1000 @ 12 1/2 from January that I have waited a long time to see my break even point be hit again, but I felt when I was under and now that FDA approval is BTIM's big gun. We are so close to this news that any long selling now should never have bought this stock in the first place if they don't wait. The short squeeze will hopefully push the stock to a quick double or triple before year end. Long and still waiting on the FDA approval.
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