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Biotech / Medical : BICO & VITK -- Ignore unavailable to you. Want to Upgrade?


To: Daflye who wrote (1962)7/14/1998 11:32:00 PM
From: Ron logo  Respond to of 2395
 
Darin I never pumped this stock I merly spoke what I felt about the stock. I am a trader I buy and sell stocks to make money, I am not an investor. I am never in a stock for a long time unless I like its future prospects. Now that is not to say that I do not like the prospect for bico's future I just feel that with the volume and percentage gain for many on the recent run up that the stock would first pull back before it resumes its climb back up. Now any trader would tell you that it is not wise to be long stock on the way down, you sell and buy the stock after the fall. This is what I plan to do. I will be a buyer of bico again. When I like the price again. Darin the opportunity cost on this one is to high. I mean that the money could be put to work better elsewhere, RIGHT NOW. Just because I am not long this instance does not mean that I pumped and dumped. I merly traded the stock, buying at the low and selling at the high. Believe me when I like the price again I will begin to accumulate. If it runs from this point then I have lost right! I am not long. Please do not discredit me for doing what is in my nature. I am a professional trader that is what I do. I wish the best of luck always, and I hope for all of the investors still long bico that the stock does not fall but does rise high for them................RON



To: Daflye who wrote (1962)7/15/1998 9:16:00 PM
From: Tom R. Jones  Read Replies (1) | Respond to of 2395
 
Darin, I must admit that Ron was right on about BICO.

He predicted that there would be no reverse split and there wasn't. He predicted a run to 3/8 and the stock fell just a 1/32 shy of that.
He also told us that he was getting out and moving on before the stock had a mild sell-off.

Anyone who followed Ron on BICO made money. I didn't make a penny because I felt the stock was too risky and I made that plain from the start.

Regards, Tom