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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

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To: Raven McCloud who wrote (423)3/15/1999 11:00:00 PM
From: CPAMarty  Read Replies (1) of 2515
 
I think you shorted too soon, my WAG is it will test $16 before it sees 11 again; if it does see $11 again.
$12 to $16 is the range i see until additional analyst coverage or FDA approval of fast track or more peer review of IMCL's science occurs. If the volume holds up perhaps IMCL will attract some more institutional investors.

at this point I don't see much up side for IMCL

LOLOL oh, ok, then i guess that there is no reason to spend all that money on phase III trials (the German drug company must be run by idiots, right?)- after all we are only talking about a possible major advancement in treatment for cancer<G>

Raven, you certainly have a lot of guts to short this one.

I am one long that hopes that we have a huge short interest when the figures come out in about a week - it will make for a nice short squeeze later on.
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