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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Lucky888 who wrote (36023)5/14/1999 1:19:00 PM
From: AD  Read Replies (2) of 122087
 
Lucky,
MATX is like all the other biotechs that pop huge on a press release about a cancer drug. It was a no brainer short above 7 or 8. Look at the spikes in DRMD ENMD GERN. Clockwork.
No way am I staying short, in fact i coverd a little while ago under 5 1/2. but I think it does nothing from here unless another hot press release comes along.

I wouldn't want to recommend NITE . It's splitting after the bell.
could sell off later today, or monday, just as easily go up.
I don't like the risk level long here tho. Not at all.
Too much risk for me.

Jetups
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