Serologicals Corp (SERO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Serologicals Corp (SERO)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert DeHaven who wrote (17)	5/28/1999 3:50:00 PM
From: PuddleGlum	Read Replies (1) of 23

Robert- SERO is not changing direction, but it is trying to consolidate. I wouldn't be surprised to see it test a point & figure double bottom at $5, but right now I see the stock hemmed in by a recent bottom at 6 1/2 and a recent top at 8 1/2. The good news is that the stock is near the bottom of its trading range and the bearish resistance line is out of play way up at 17 1/2. The bad news is that the stock hasn't clearly formed a base yet, so I don't yet have confidence that the stock will hold at $5. RS is still in O's and on a sell signal, and I don't expect this to change soon. I don't stay abreast of the fundamentals of this company, so strong fundies should be your first line of defense if you plan to buy or hold this stock. I would look at other opportunities at this point and wait to see if demand can take control of SERO. Good luck, whatever you do. pg

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next