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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: Instock who wrote (959)3/25/1999 7:18:00 PM
From: Thure Meyer   of 1837
 
Its hard to set targets when a stocks volume is 4-5million shares above the float. Given that a certain percentage (like me) are holding for the long term, it makes you realize that much of this action is just day trading.

We will have to wait for this thing to settle down before a trend develops. I would like to see it kick up close to the 20 range over the next few days and then wait it out for the strategic marketing partner and the next couple of 10-Q's.

If you think you can day trade this thing, good luck.

Thure
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