Sold DEMP, which I mentioned a couple of days ago at 7.5 for 8.375. There was a story on on-line pharmacies in the WSJ today, apparently, although I haven't read it. No mention of DEMP, but I'd be willing to bet that was responsible for the spike up this morning, on a day my screen is showing mainly red. If it dips I'll buy it all back. Again, this is a bricks and mortar / internet combination with real earnings. Since they have an established online pharmacy and are continuing to develop it, it is possible that it will be spun off. But whether it is or not, it should do well, unless the internuts take too big of a fall and people actually get turned off to internet plays.
Best,
Papillon |
