SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Guilford (GLFD) - Steadily Rising

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ken carney who wrote (25)2/25/1997 6:48:00 AM
From: Dr. Bob   of 496
 
Dan and Ken,

I think it's the flight of the momentum manipulators. If this stock had gone to 29 on the basis of lots of good news, then it might be going down because of bad news (although I don't think the discovery of a new cancer drug constitutes bad news for GLFD) and profit-taking. It probably belongs in the mid-20's (and could go lower, even to the high teens) until there is some substantial news, and anything else (either direction) that occurs without news is likely manipulation.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext