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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: xaver17 who wrote (3448)7/6/2001 4:07:48 PM
From: Oleg Sogolov  Respond to of 6873
 
Tom - Re. IPXL

I originally shorted this son-of-a-gun back in February and had to wait for more than a month for it to drop nicely, however I would not go short again as I believe there is better fish to fry out there. This company is still in development stage which should suggest further hype and pump coming from the company (just look at the latest barrage of PRs). If looked upon as long-term short, I believe this company should be at least halved as making generic drugs has never been a high-margin business.