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Biotech / Medical : Biotech I-Shares (IBB) -- Ignore unavailable to you. Want to Upgrade?


To: matvest who wrote (11)2/12/2001 10:08:48 PM
From: Rich23241  Read Replies (2) | Respond to of 75
 
Hi Larry. Just curious as to what prices you put your limit orders in for IBB. I just wonder that although it is up $3.00 today, I assume your limit orders are below $100 per share and wonder if you are really missing the AIM boat. If you look at the charts of these biotech stocks, they can make huge runs up and down. The three Biotech stocks I bought (MLNM 47.5, MEDI 46.93, IMNX 33.23) were just bought on 1/19/01 and I felt I was buying them at a reasonably low price.



To: matvest who wrote (11)2/12/2001 11:29:10 PM
From: LemonHead  Respond to of 75
 
Hi guys, Keith, what would you use if you jump in?
I'm no pro, but I would go with 10/10. Why? It is new, has no volume, the market is supposedly some where near a bottom. Based on the volume so far, I think the AIMers are in control and buying/selling to each other!!!<g>

But cash reserve is another issue with me. Since I pool mine like a mutual fund, then I guess the IW mark is okay. but I haven't made up my mind just yet.

Keith
PS - I'm very excited to see this thread take on a life of it's own with this new equity. Hope everyone will post links to their sources when possible. Need to get Sam to chime in as well.