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Biotech / Medical : Biotime-Nasdaq's best kept secret? -- Ignore unavailable to you. Want to Upgrade?


To: marion salerni who wrote (777)3/29/1998 11:14:00 PM
From: Know Genius  Read Replies (1) | Respond to of 1432
 
Who is the resident expert on this stock. Who is the most knowledgeable bull. Who is the most knowledgeable bear.



To: marion salerni who wrote (777)3/30/1998 12:02:00 AM
From: Brian Gross  Respond to of 1432
 
If you look at Biotimes chart last September you'll notice a very similar run-up from the 11 area to 15. It then backed off to around 14 for a very short time then shot up to 25 really fast. It's amazing how similar the two run-ups look. I also believe some positive news came out at that time. If we get a solid breakout of the 15 area this week, I'm sure you'll see a lot of the shorts covering their positions. I think Friday was a profit taking day for quick 40% gain on the week. The momentum should continue to the upside this week. I'm no prophet, but this stock tends to move big to the upside and downside. Lets hope for some positive news this week. Happy investing
Brian



To: marion salerni who wrote (777)3/30/1998 9:19:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 1432
 
It isn't the shorts who are knocking the stock down.

Don't delude yourself (like Jim Roof). The stock is certainly volatile, but generally, it is being dumped.