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Biotech / Medical : Immunomedics (IMMU)

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To: Joe Williamson who wrote (120)3/13/1997 8:56:00 AM
From: jluker   of 371
 
Joe,
If I had a crystal ball I would have shorted the stock when it was $8 and covered yesterday. My only point was that when the stock gets under $5, I assume there will be some margin calls. And that would put a little pressure on the stock. Unlike tech stocks that can be pulled up (or down) by their strong or weak siblings.. biotechs appear to be all alone in the world with only news or earnings to pump the stock price. There are some folks here that would be able to tell you if there is a medical reason stock is down.. blood pressure doesn't seem to high .... what about it Dr's's? :)

jl
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