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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (2789)11/17/1997 4:22:00 AM
From: ForYourEyesOnly  Read Replies (1) | Respond to of 7396
 
Mark, are you a short specialist?

I have an interesting long....

DEPO is about to get approval of a new cancer drug, and recently announced a meeting with the ODAC (Dec. I believe). The stock price has not moved at all since the announcement, but the OBV has soared. Could this indicate that it is preparing for a big move?

Would it be possible for you to let me know what you think of the technicals on this stock, OBV in particular?

IDMC is also interesting, just announced a big deal in El Salvador ($350M), with rumors of another 3 or so biggies coming soon. But it has already appreciated in anticipation of the announcements, so I wonder how much further it can go. If you have time, take a look and tell me what you see.

Good luck...

THC

Good luck...