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Biotech / Medical : Biotech - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (186)3/19/2002 1:50:16 PM
From: Tomato  Read Replies (2) | Respond to of 544
 
On VPHM, with the stock halted, I'm doing what seems rational but is probably stupid--I'm putting a buy stop at 16, figuring if the news is bad it won't go up and I won't get filled; and if the news is good it'll probably open a lot higher, and I'll get filled early enough to get some of the momentum up.

If there is FDA approval, I anticipate several days if not weeks or months of outperformance. The first prescription drug to fight the common (or some of the common) cold? It's huge! If only it would get half the rise that Pfizer with Viagra got (don't be hard on that stock [g}). But maybe I don't know dick?