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Biotech / Medical : ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH -- Ignore unavailable to you. Want to Upgrade?


To: Bo Didley who wrote (150)12/9/1998 10:20:00 PM
From: Cookie Monster  Read Replies (3) | Respond to of 1084
 
True....but ASTM has little history of big gaps, and remember. $2.50 to $6.50 swing today was already HUGE! I would love nothing more than to make a killing if this stock hits $10, but I still think if it closes above $7, that is a great price.

Take a look at TRMS (I think) for a recent biotech swing and drop....be careful on this one. Take some profit and, since we know this is a great company, buy back in later for more shares. As with any biotech, and most techs, they will run now with the story publicity, but will tank until they near an actual product on the shelf.

Does anyone know how long it will take this procedure to become standard and practiced universaly? The NBC report mentioned the possibility of the industry lobbying the government to set up a stem cell bank for the USA, but this could take 1-2 years.....