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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: peter n matzke who wrote (2554)	11/3/1997 12:30:00 AM
From: Druss	Read Replies (1) \| Respond to of 4339

Peter--There is surely something going on there. They have Canadian approval for their product and perhaps (a guess on my part) they are expecting US approval. The Canadian approval will pave the way for the FDA to put a stamp of approval on them. If they are close to or about to get FDA approval this thing is going to launch. Trading in this stock has been heavy since Sept now. They also not coincidentally have a string of very positive news releases and reports since that time. I found nothing to directly indicate why they were on a roll right now. This one bears watching. If it follows the classic pattern it will run up too high and perhaps way too high, possibly into triple digits and then crash considerably. All the Best Druss