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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (24713)3/27/1999 1:26:00 PM
From: Instock  Read Replies (2) of 122087
 
Has anyone looked at this weeks Business Week pick of PLMD as a possably Short Sell, after it finishes it's current run up in price?

Closed Thursday 6 1/8, Gapped up Friday on Business Week story. Closed Friday at 8 19/32. Up 40% , A GAP between 6 1/8 and 8
Traded 26X Average daily volume Friday, Float 4.7 ML., Traded apx. 30% 0f it's float Friday.

Should Gap Large again Monday and run for awhile. Might even be Tuesday before time to Short Sell. BW says company is worth 28, so expect many more buyers Monday. BW says a lot of things that do not pan out...

The other BW pick is TSCN up 18% Gap between 16 1/2 and 18 5/8.
4.5 Float, traded apx. 55% of float friday. Seven times Average volume. BW has no price Target but does have earnings Targets of +0.30 99, 0.50 2000

Instock
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