Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Doug Bean who wrote (710)	3/26/1998 5:20:00 PM
From: JOHNNY DOLLAR	Respond to of 1837

It seems to me that DRMD goes through a self-fulfilling prophecy time and time again. Upon any news release or any event there is a run-up in price, then later that day or the next day there are short sales and profit taking. This has happened so many times that many people are using the same assumptions and therefore it is just a matter of who has the best timing in order to make short-term money. I am in for the long haul and believe that FDA approval will come this year. I believe 6-8 months is not a long time to wait to at least double your investment.