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.
Strategies & Market Trends : Charts for Bottom Breakout -- Ignore unavailable to you. Want to Upgrade?

To: Gardner who wrote (1663)3/31/1998 6:39:00 PM
From: Bosco  Respond to of 3105
 
Gardner - I am not particularly strong in TA either, but being someone who got a handful of bio-dogs, one as recent as 2 weeks ago <sg>, I should warn you about SRMI. A cursory look at its latest 10K (Mar 26,) it has some convertible debentures [they look like Reg D,] the stock will be highly dilutive, even if the debentures are not the floorless kind. Unless you are a bottom fishing specialist, better leave this to the sharks. JMHO

rgds Bosco



To: Gardner who wrote (1663)3/31/1998 10:48:00 PM
From: Ed Huang  Read Replies (1) | Respond to of 3105
 
SRMI VRTX,

SRMI chart seems to confirm Bosco's comment. It broke
$ 31/32 - 1 level support a few days ago then has been
falling very quickly. It seems there's more to come. I
wouldn't "catch the falling knife" like this, at least not
now.

VRTX is moving down gradually. It may have some support
at around 31 1/2 - 32, if the support level can not hold,
VRTX may continue to move down to test 26 - 28 level.
IMO.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News