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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: HedyVP who wrote (3411)6/23/1998 8:37:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 5736
 
I sincerely hope your not using margin loans to make your purchase. You do know what they say about catching falling knives, right? It really would be much more prudent to stand aside and let it find it's true bottom. I see the next test at 4 1/2, and some support at 4 from my read of the chart. The 52 week low close tonight, the accelerating downward momentum, The close below the day of Asensio's report, and the now widespread belief that CCSI is at least a questionable investment are all good reasons to expect it to underperform the overall market for sometime to come. Wounds like those that CCSI has suffered do not heal quickly.

I know, you see me as some kind of "manipulator", and won't listen to this good advice. But perhaps after some time, you'll reflect on it and remember the market lesson you're about to learn.

Barb