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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: LzzrdKing who wrote (5858)4/7/1998 9:53:00 PM
From: JACK R. SMITH JR.  Respond to of 7396
 
Mr. Lizzard,

I am still learning here, be kind, plese!

Here is one for you to look at. Barr Laboratories (BRL). Kind of a blah stock which is the major generic producer of tamoxifen which you are seeing in the news as the future cure for high risk women subject to breast cancer. The stock was up almost 6 day before yesterday and pulled back a little today. There will be further shakeout as the medical community evaluates and re evaluates the prospects. We gotta let all the experts have their say, but it has broken to the top here and I would not buy here, but wait for a retracement and then for the news to really sink in. I await your august opinion!!

Jack