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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: r q lad who wrote (14898)5/6/1998 9:49:00 AM
From: Matthew Cooper  Respond to of 34592
 
Well, in my opinion, the "discovery" was already in the stock price (they published some data in Nature in November last year), however, with all the hype one can expect a higher support level than 12. Lehman brothers and other people who are much smarter than I on this side of the subject have placed 25-30 as the price target. I just covered one of my shorts at 37. I still have some short, but most have been covered. I don't want to wait for a couple months for it to reach 25. It will take a while... but it will happen.

If you want to go long... I would wait.

Good luck!