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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product -- Ignore unavailable to you. Want to Upgrade?


To: Silicon Trader who wrote (679)3/21/1998 9:45:00 PM
From: Street Walker  Respond to of 1837
 
The last 10 minutes of trading on Friday

The large trades (5,000shares+) were the sellers
(or shorters).

The small trades (200 shares) were the buyers.

All CNBC touted stocks retrace. There is money
to be made in this retracement. If you are long,
there is money to be made by selling at this high
level, and then buying more shares when it falls
falls back! Or better yet, sell for a profit, then short
and make more profit. This will give you alot
more money for more shares in the long run.

Don't fall in love with a company. Learn to trade for
profits! DRMD has not even filed with the FDA.
This is a long process. If you haven't had much experience
awaiting FDA approval, read the ZILA thread, among many
others.

IMO,
S.W.