SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : IVAX Insider Trading -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (398)1/12/1998 10:48:00 PM
From: 5,17,37,5,101,...  Read Replies (1) | Respond to of 756
 
I have been monitoring IDTI and am impressed by the price action. I unloaded some at 10, unfortunately, thinking that it might pop below 8 on Asian flu panic selling. I may reenter tomorrow; I don't know.

A fool might believe that the cancellation of the sale of the gel cap plant was related to a sudden offer for all of Ivax by a big company.

Technically, the stock looks pretty good. (Ugh!) It took out 6 5/8 which was a major hair line (support) and would portend higher prices if we rallied soon back to the 7 area. A wash to 6 might even be healthy, and, if it did occur, I would run to the bank for a second mortgage.

Dyspeptically yours,
Jackson