Zonagen (zona) - good buy? Message Board

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Biotech / Medical : Zonagen (zona) - good buy?

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To: Linda Kaplan who wrote (6552)	5/10/1999 2:49:00 PM
From: Bob Trocchi	Read Replies (1) of 7041

Linda... >>I'd like to not cover till the stock is below 5. What do you think? << First I want to add my sincere thank you for not only starting this thread but for keeping it going for so long. It was worth the wait and I appreciate your efforts. Regarding when to cover, that really is a personal thing like do you want the flexibility of going after something else, managing an expected dead cat bounce, etc. etc. IMO, this stock will now drift down slowly. I have no rational reason to support my conclusion. There simply is no reason to buy except to cover for whatever reason a person chooses but I have seen a lot of worthless stocks hang in there for a long time. It will be an interesting week watching what it does. BTW, in my experience and on my trading record, I would be hard pressed to even take my own advice so everyone is on their own.

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