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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?


To: BMcV who wrote (1273)10/8/1998 7:39:00 PM
From: Bob Swift  Respond to of 10280
 
I have conditioned myself to go to the computer and type in a buy order when I want to throw up.Seems to work in all previous occasions. Today several of the stocks I am monitoring turned North big time towards the end of the day (e.g. INKT went from 62 to 53 and then all the way back to 65, gaining 3 points). Looks like we are at or near a bottom, at least temporarily.



To: BMcV who wrote (1273)10/8/1998 9:43:00 PM
From: M. Ramle  Read Replies (2) | Respond to of 10280
 
Bruce:

I Can't agree more with your line of thoughts as well as with Bob's with respect to the BS analyst recent recommendation for SEPR. It really leads me to believe that this idiot has just discovered hot water.

Anyway and to answer your question regarding the damage to SEPR chart, I would have to admit that there has been some but not much damage, especially after today's activity. I believe we touched the 200-DMA earlier this morning (~$47) and rallied from there. There were tremendous large-size blocks on the buy side. I would expect a follow through tomorrow with a possible closing just shy of the 50-DMA around the $56-57 area.

On a final note, I was almost flipping out today for not being able to buy more of SEPR around the $50 price level, and I pray I will get another opportunity to buy in the next couple of weeks when I receive some more investment funds. GOOD LUCK.

Mazen