SI
SI
discoversearch

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 : Biotransplant(BTRN) -- Ignore unavailable to you. Want to Upgrade?


To: Jesse Schulman who wrote (481)12/30/1999 6:47:00 AM
From: LLCF  Respond to of 1475
 
<it was the deal that caused the price jump in the first place...Am I making sense?>

Sure, we started noticing a few months ago how secondaries were turning very bullish in the sector... in this case it's the % discount that looks surprising, but IMO it's because it's such a low priced and thin stock. Others are in a better position to know than I, but from my viewpoint the recent move up is bullish and not necessarily an over-extention... strong moves up have begotten further strong moves up [real buying?] in every case I've seen in the past month, whereas previously they would be followed by a move right back down.

Hopefully this continues for another couple weeks anyway, sure is fun!

DAK

ps: For the chartists in the crowd the stock has moved above the top after the xeno release.