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Biotech / Medical : Cellegy Pharmaceuticals (CLGY) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (202)10/28/1999 12:46:00 AM
From: Howard Hoffman  Read Replies (2) | Respond to of 322
 
You are right.

No one is paying attention because:
The market cap is too small (<$100M) for many.
The lack of an approved drug makes many risk-averse people stay away.
The lack of volume and upward momentum keeps the momentum players away.

This is exactly the time for you and me to buy up shares. I increased my position by 15% this week. We just have to be patient. When CLGY becomes a billion dollar cap company, then everyone will be falling all over themselves with upgrades. It is nice to be in early.

By the way, I pass by South San Francisco where CLGY is located several times each month. In fact, I will be driving by tomorrow and Friday. Has anyone visited their offices? Would there be any value in my trying to set up a visit?