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Biotech / Medical : LXR Biotech. -- Ignore unavailable to you. Want to Upgrade?


To: kathleen who wrote (130)11/24/1998 6:19:00 PM
From: BRAVEHEART  Read Replies (2) | Respond to of 154
 
Hi gang,

Well LXR is playing the straight poker face with the market. This fortunately has created a great opportunity to accumulate shares at basement prices beyond the recent market crash. Hence once they come up for air the stock should easily trade back to the 2.5 to 3.5 range. I hope I am not the only one here who sees this opportunity.

If you are into the T/A of this company with considerable potential then you will notice that we are approaching the same signals we saw back in Feb/Mar when the stock traded from $1.80 to around $4. The good news is now we are at a dollar. Hence by trading to four the returns are significantly greater. I pegged this one last spring. Check my post at Yahoo back then. Again my argument is we need to see increased volume. If the signals are right momentum players should start moving in soon. We should know in less than six weeks if I am right.

Take a look:

clearstation.com

THE TRUTH IS TIME WILL TELL
JEFFREY