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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: tool dude who wrote (44900)10/7/1999 11:41:00 PM
From: Kevin Podsiadlik  Respond to of 122087
 
Not to worry. I doubled my position today at a net average of 20 1/2.

Even though I basically understand what happened with IMCL now, I still remain uncomfortable with biotechs in general, and will remain so until I find a way to do adequate DD on these kinds of stocks. Too much of a "trust us" factor in them. Give me stocks that have results, or at least a form of tech I can understand.

I shudder to think what might have happened if this had gone down on Monday or Tuesday. Depending on someone else to be my "eyes" with respect to a given stock, even someone like Anthony, is just not a way I like to operate.

Until I can figure out for myself how to tell the Viagras and the C225s from the Vasomaxes, I'll deal myself out of any new biotech calls I encounter.