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Biotech / Medical : Paracelsian Inc (PRLN) -- Ignore unavailable to you. Want to Upgrade?


To: Elllk who wrote (3835)8/7/1998 11:36:00 PM
From: Judy Muldawer  Read Replies (2) | Respond to of 4342
 
The reason I am still in PRLN is because I don't sell stocks at a loss unless I have to for financial reasons. Do I believe in its potential as a company? Yes. Do I believe I might make some money with it? Well, more than if I sell at this point. I assume others are still holding PRLN hoping for $2 when they will bail out at perhaps a break even point.

Do most people who actually own the stock still believe in the company or are they merely waiting to sell and cut their losses at a higher than $ 1 price? That is an important question that needs to be answered.

Me? I'm not selling at all. I really believe in PRLN and its research and feel that if all goes as planned, I will make money to buy that piano (from a few years ago...Paul and I had a joke going). And if things don't go as planned, I'm down so much that it looks like up to me, so what the heck?

Judy



To: Elllk who wrote (3835)8/8/1998 12:46:00 AM
From: Hank  Read Replies (1) | Respond to of 4342
 
Larry,

Speculating as to why people buy or sell a certain stock serves no purpose. The data support buying. Whether that be the case or not, one should view this investment according to one's own standards of risk/reward ratio. The stock will be volatile for some time to come. We should all be used to that by now, only this time the bias is up.

Hank