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Biotech / Medical : Agouron Pharmaceuticals (AGPH) -- Ignore unavailable to you. Want to Upgrade?

To: BriBear who wrote (5914)1/20/1999 6:03:00 PM
From: ALL  Read Replies (1) | Respond to of 6136
 
Yahoo #1701 was very interesting. I wonder why non MMs didn't rush in and pick up the stock at this price. I personally have been expecting a drop in the stock ever since PaineWebber raised its price target. PaineWebber's price target moves have been the best forward indicator (albeit contrary) of this stock.



To: BriBear who wrote (5914)1/20/1999 6:45:00 PM
From: John F Beule  Read Replies (1) | Respond to of 6136
 
I am living proof that this happens. A year ago I owned DLGC, I had a stop loss at $24 (it was at $28). THE day before earnings were to be released, the stock dropped to $23.5, enough to take me out. Within the next 3MONTHS, the stock hit a new high, practically everyday, and went as high as $46. I WILL NEVER PUT A STOP LOSS ON ANOTHER STOCK AGAIN.

I learned my lesson, and I believe what the Yahoo poster claims is extremely true.

John


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