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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (2093)10/28/1998 2:41:00 PM
From: PAR  Read Replies (1) | Respond to of 3414
 
If it's one thing I learned (very well) in the market is that a stock is only worth want someone else is winning to give you for it. All these pricing schemes are just that: pricing schemes. I'm content to sit and wait for the market to come to me; I'm tired of chasing it this past year.



To: Arthur Radley who wrote (2093)10/29/1998 6:21:00 AM
From: unregmarket  Read Replies (1) | Respond to of 3414
 
Dude:

Important day today for PM, I think. Fundamentally, Conference news is out, there has beem time enough for smart money to digest earnings situation, and yesterday's drop on puny volume just means 1 or 2 folks wanted some cash to play with. Technically, the stock moved from 8 to 10, retraced 50% of the move to 9 (which is a very common path), it now sits on a 20-day Moving average line that is ready to cross up over a 13-week line, and the trend is still positive. There is hope!

Rick M.