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Biotech / Medical : sciclone pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: JEB who wrote (766)6/14/2001 10:55:04 PM
From: Captain Jack  Read Replies (2) | Respond to of 1137
 
JEB-- if not for making a few bux on the CCs there is little reason to hold. 5++ seems a top. Being impressed with the drug is understandable-- but mgmt is lacking. If they are not able to increase SH equity???? There are others (very few) that are moving UP and seeing new highs. Look at mntg since I suggested it on 4/4/1. From 5 to 12! SCLN will not see 12 in 2 years let alone 2 months. Trying bottom fishing (bought cpq today @ 14.36) at least gives one a chance,, vs this where one feels there is no chance. I'm doing OK as considering trades I have zero cost and make a few pennies a qtr on the CCs but how many could be happy with this as an investment? Most would be better off in a pasbook acct.
BTW-- hoping this turns like '87 after the false starts. '87 was very good to me too.
Luck!
JR