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


To: M. Ramle who wrote (1275)10/9/1998 1:14:00 AM
From: Bob Swift  Respond to of 10280
 
I am a little like DM lately, i.e. brain dead. I put in a GTC order to buy at 50 before went on vacation and forgot all about it until this afternoon when my account shows I bought 2000 at 50 today. Oh well, even brain dead people sometimes get lucky. That is if SEPR does rally tomorrow above 50 like Mazen predicted. I also feel it will take off and head North too but that is purely gut feeling, no brain involved.



To: M. Ramle who wrote (1275)10/12/1998 11:55:00 PM
From: M. Ramle  Read Replies (1) | Respond to of 10280
 
To Teabury22 on Yahoo:

I have only been following Immune Response "IMNR" on a technical basis and not as much on fundamentals. Nevertheless, this is a stock that is strongly followed by a friend of mine who is very specialized in Biotechs. As a matter of fact, he was the one to tell me about SEPR back in early 1997. He seems to be very positive on this stock and has already accumulated a large position in it (I believe in excess of 60,000 shares -- YERS, this is correct: 60,000 shares), and has been bugging the hell out of me to buy some. His time-frame for this stock is 2-3 years. GOOD LUCK.

As far as SEPR is concerned, There was a small gap on the chart from this morning's opening around $57 3/4 - $58 and I expect this gap to be filled by the down opening tomorrow morning based the today's closing. I have also started selling "naked" put options for October $55 & $60. I personally expect to see SEPR take out the $60 3/4 on a closing basis by this coming Friday. The chart looks promising to challenge the next overhead resistance around $63-65 very shortly.

Good Luck to all.

Mazen