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Biotech / Medical : Theragenics (TGX) on the up and up -- Ignore unavailable to you. Want to Upgrade?


To: Solid who wrote (835)5/4/1998 12:56:00 PM
From: Ron Kline  Read Replies (1) | Respond to of 1055
 
I think it's a good time to accumulate THRX. It is making a double bottom at $27 and very close to it's 50 day moving average. I'm banking that we will not go any lower than this and the people who buy in here would have a good entry point. Nothing in the fundamentals have changed and this stock lead the bull market out from it's lows which means that it should continue to be a leader in this market.
It's always hard to sit through pullbacks because you always wonder what is up. My feeling is nothing is up and it's just basing to bring time to the big gains that have happened over the year. Once institutions decide to get in it will move back up very quickly. Let's see what happens in this next week.
Ron