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


To: John H. Farro who wrote (3854)8/14/1998 8:31:00 PM
From: Harold Stone  Read Replies (1) | Respond to of 4342
 
To ALL Threaders,

Okay I give up, which one of you has the answer as to why PRLN couldn't support yesterday's gains?

Was this a case of buy on the rumor and sell on the news? Were profit takers the cause? Was the news already built into the price? Did investors just assume the extension of the warrants and so the official announcement meant very little? I'm sure you all have your own questions, why not post them so we can hash them over.

Hank, you were very bullish that the announcement of the "Worldwide Agreement" with Scherer would bring us the deuce we are all waiting for within two weeks of the announcement. Hate to say it but it really doesn't look like it's going to reach that mark within your time frame.

The greatest mystery to me is the lack of enthusiasm and posting by the forum faithful. Do we miss the controversy of yesterday. Does success of the company somehow create lethargy among the investors?

Would like to see some theories on just what is going on.

Oh well, enough for now maybe someone will offer their own thoughts

Harold