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Biotech / Medical : Guilford (GLFD) - Steadily Rising -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Bob who wrote (220)5/15/1998 9:00:00 PM
From: Steve  Read Replies (1) | Respond to of 496
 
Does anybody have a guess at what price the institutional money will start buying. It looks like the stock is dying a slow death. I have seen this pattern develop in other stocks where buying drys-up and then massive selling comes in to drive the stock down. Then miraculously buyers show up to relieve the tortured sellers of their holdings. Obviously institutions have no interest in this stock at $19.

I hope the Company can come out with better news than telling the world that they just hired two new employees. That seems like a stretch to find investors.