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

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To: Frederick Langford who wrote (582)3/31/1999 1:59:00 PM
From: Raven McCloud  Read Replies (2) of 2515
 
Okay, Frederick, I check out his thread.
However, given how far out IMCL is to
FDA approval and all the impt. pieces that
will need to fall in place for that approval,
I don't see why a shorter like AP, "who
almost NEVER goes long" as you say would
now go long with IMCL.

Doesn't jive in my "short" book that's for sure.
I detect a hidden agenda here on AP's part.
The reality is that we're at least 12 months
away, at least, even with fast track, and then
there's no certainty.

Now on a TA level, IMCL is primed to move down.
As I said before Sochastics is way, way oversold.
There'll be some consolidation here, IMO.
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