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


To: Sam who wrote (2432)1/21/1999 6:30:00 PM
From: Abuckatatime  Read Replies (2) | Respond to of 3414
 
My hands may be strong, but they also have been known to be stupid. The "trick" IMO is to determine whether one is looking at a buying opportunity or whether bad news or disappointment is on the way. Volume was relatively light for as we know 60K shares on NASDAQ is an overstatement of the number of shares actually changing hands at the retail level. Still, a 13% drop is nothing to ignore, and is especially unwelcome for those of us who are patiently (and hopefully not foolishly) awaiting a move UP in the stock. Fortunately we should know Tuesday whether the quarterly holds any unpleasant surprises. Any disappointment and bullish sentiment will be hard to find.