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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: johnsto1 who wrote (33647)9/3/2000 10:04:45 AM
From: GREENLAW4-7  Read Replies (2) | Respond to of 57584
 
Shorted STEM from 18 to 3.5, currently I have a small positon at 11. I find it interesting when someone pushes a stock that PURE 100% hype, it makes me wonder if there is an underlining intent for the long recemmendation? Perhaps you bought above 18!!

My regards!!



To: johnsto1 who wrote (33647)9/3/2000 10:36:23 AM
From: Rick Buskey  Read Replies (2) | Respond to of 57584
 
I also played STEM long on their big run up to the high teens------I looked at it the other day--jumped a little over $10 in the morn.---then saw a lot of dumping over that price-----now I look at the price and see it at $9----not a big deal,but a couple of mon. ago it sat at $3-$4------that would have been the time to scoop it up I feel.I own none now,although I haven't seen a lot of small Bio's jumping lately,while the larger ones have-(HGSI,MLNM,etc.)----I have been selling into strength.

Like I said--I have no position-----just be careful and keep your stop/loss trigger ready.Good luck.

P.S.---now might be a good time to pick up some of those Bio's that haven't really made their moves yet---ex.TRGA--which I picked up at $3 about a week ago.Grab them when they are cheap-sell when strong.

I am looking at one more too---will check it out and tell you more,when I find more info.

Rick