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Biotech / Medical : scios nova

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From: Tom Genna5/11/1996 7:06:00 PM
   of 16
 
Leon, I'm not a serious follower of SCIO but last week I went for a bunch at 5 3/8 based on accumulation pressures I saw building in the charts/program. I got lucky. When the breakout occured I called the broker and he read me the news about the patent they were awarded for what I believe was a heart drug. I'd like to know more about the drug i.e. if it's in trials or if it's a potential serious money maker just so I might get an idea what this could mean for the stock cause 40% in a week has my finger on the trigger.

By the way,nice thread you started with the rocket thing. I was considering posting but I mostly consider large disparities between price and accumulation indications and am not sure the crowd wants to hear strictly technical. What do you think?

Good Luck, TOMSTER
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