Imclone systems (IMCL) Message Board

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Biotech / Medical : Imclone systems (IMCL)

IMCL 0.159

0.0%

Oct 5 5:00 PM EST

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To: 5,17,37,5,101,... who wrote (715)	4/21/1999 12:21:00 PM
From: Raven McCloud	Read Replies (1) of 2515

5,7,37... That's a good point you make about IMCL following the beat of its own drum. As you all know I've traded IMCL many times, more on the short side "expecting" a pull-back only to see very strong support in the $16 to $17 range. My last play was from $19 plus on the short side to $18. I decided to finally go long on fewer shares yesterday and stay long given the support in the $17 range. Normally I take large positions. With a smaller position I won't fret over the fluctuations and may even accumulate a few hundred shares now and then if IMCL breaks thru $16.

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