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Biotech / Medical : IPIC -- Ignore unavailable to you. Want to Upgrade?


To: muddphudd who wrote (1193)4/25/1998 8:25:00 AM
From: Phil Forbes  Read Replies (1) | Respond to of 1359
 
I would not presume that the asset value of IPIC, on a per share basis, determines the absolute bottom price as you seem to suggest. The bottom is clearly zero with this one when you consider the liability they may encounter. Instead of averaging down, you may want to consider shorting on any significant bounce.

Regards,
Phil