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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Tradegod who wrote (3934)5/5/1998 5:20:00 PM
From: Diamondcutter  Read Replies (1) | Respond to of 7041
 
I agree there was little new news, at least to those who are informed. However, as Viagra is THE hot topic these days (there are even "We Have Viagra" signs at the local pharmacy), this has led to increased volatility in all the ED stocks. With the cheap internet trading these days, being on the wrong side of a story stock that everyone's interested in could be deadly. Look at ENMD yesterday, it is very similar to VVUS/ZONA today. I wouldn't want to have been short that one, and even with the triple, I'd be afraid of more rehashed good news before shorting. Suggestion: look into stop losses or the option equivalent.

Diamondcutter