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


To: Stephen How who wrote (802)4/1/1998 8:22:00 AM
From: Jim Roof  Read Replies (1) | Respond to of 1432
 
I would just be careful. If BTIM trades sideways for a few days and the price hardly moves and the volume dries up then expect more upward momentum and a target in the 17-19 range. If it does dive then I would be very surprised if it gets lower than 11-12. I think the upside is greater than the downside right now. Consider also the technical signals given in the last 2 rallies. Heavy volume on the runup and normal volume on the selloff. BTIM is being accumulated now.

Jim