Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JSB who wrote (276)	12/11/1998 8:58:00 AM
From: Mike McFarland	Respond to of 1084

Do you really thing the market makers had anything to do with astm's meltdown. It seems to me that the hype spike was about as much as a trader could wish for. Now that it is most of the way back to where it started maybe it is a good one to invest in now if you really do like the company. It's not exactly drowning in cash though, so although I got in for 1000, it is not like the rest of my biotech stocks--which are mainly trading close to book value. I personally think that the news alone, without the hype on the threads here on SI, would not have carried it above where it is now--at 3 1/4 I didn't pay too much, but I'll bet this sags back around 2 1/2, it's old base. For further thoughts and rant go to my post on TJ's thread Message 6786503 --MM