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Microcap & Penny Stocks : NEOTHERAPEUTICS (NEOT) (NEOTW) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Petriv who wrote (458)	6/3/1998 1:41:00 PM
From: Marty	Read Replies (1) \| Respond to of 705

My question, Mike, is how do you know these things? If it is an opinion, that's ok. But, I mean, is it like an opinion that the next flip of the coin is going to be a heads? Or do you have some quantifiable reason why you think it is going to be a heads? Why do you think, for example, that it was "impatient shorts" and not an anxious mutual fund or some recommendation? Couldn't the price go up for other reasons than shorts playing leapfrog (whatever that means)? You lose a whole lot of credibility with those of us who know something of the fundamentals of the company when you assert that there is no reason for the stock to be at this present level except for that one day in the limelight. We have thought, and you can check it out, that the price should have been higher based on what they had already long before the announcement? Do you know anything about that? Have you read anything posted on their web site? Have you actually read anything at all about them beyond a couple of posts to a message board? How do you know, if it is short covering, that it is over? How do you know that there were a lot of shares shorted on that day instead of longs simply taking their profits? Even if both are true, how do you know how much of each there were or are right now? If you are trading based on some strategy or just an opinion, that's fine, but just to make these assertions without any basis besides an opinion doesn't contribute anything.