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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (1524)12/9/1998 9:56:00 PM
From: Cookie Monster  Read Replies (1) | Respond to of 56535
 
Hi Poet...thanks for the welcome!

I think the sympathy plays won't do a heck of a lot. I think ASMT might be getting ahead of itself. There was a lot of hype surrounding this NBC news story on stem cells. It was a good story, but did not mention ASMT or any company for that matter.

It will depend on hype I think.....and it is being hyped pretty good around the net. My call is a pop to $6.30ish in the morning and then settle back to $4-5 range. I could be wrong though....this IPO'd in March (I think) at $7.00 and has done nothing since. A lot of shareholders calling everyone they know to say that their little bio-tech stock is finally gonna go might actually make it go as high as $8 or 9!

Would be nice!