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Biotech / Medical : DOSE(capstone pharm) -- Ignore unavailable to you. Want to Upgrade?


To: Rob Anderson who wrote (73)8/3/1998 12:14:00 AM
From: JBH  Read Replies (1) | Respond to of 92
 
Rob,

That's why I'll use a mental stop and pull the trigger if it looks like it will head lower. I have been doing some thinking and searching around a little this weekend. This is one brutal market right now for going long on anything. I agree that DOSE is a good buy right here but don't underestimate the effects that the general market may play. You can thank our President and/or Monica L. for excaserbating this situation. The shorts are out in force and creaming anything that moves even to below their fundamental points of valuation.

Anyone who is still in, just be prepared, if you like the stock, to either sit through a spike down or buy some more if you so desire.
DOSE is volatile right now and could go as low as under 5 at some point. The shorts may play until Tues. As a long in here right now, I hate to say it, but that is starting to look like the way it might be.

I think it all depends on your portfolio tolerance and time horizon. Mine can't risk the drop right now.

Word is there were two large blocks that sold off after the close. Can't confirm this and they could have even been a swap. I don't know.

Actually, there is a possibility as soon as it drops below 6 the buyers will come back in. So I may stick it out to below my stop.
Good luck

John