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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: The Street who wrote (3849)1/30/1999 9:56:00 AM
From: Tom Allinder  Read Replies (1) | Respond to of 11130
 
Since when does anyone care about fundamentals? I certainly don't.
It's a MOMO market. Get in and out and let the "investors" sort it out. :)

Tom



To: The Street who wrote (3849)1/30/1999 12:45:00 PM
From: lightfoot  Respond to of 11130
 
RE: CELN, The 10-K's for most of the small pharm stocks all look terrible. They are research companies for the most part that have patents and haven't started making money yet. They are heavily weighted down with R & D Spending. The fact of the matter is CELN has patented potentially cancer curing techniques for Prostrate and Breast Cancer and are treating humans in clinical test programs as we speak. You may want to look further and read the link provided to see what the insiders are doing! They believe in their future, and they have seen the success. They are actually further along with the Prostrate treatment and the future looks bright for applying this type of technology! Have you ever known anyone who has had prostrate surgery or tumors removed from their breasts? Ask them if they would be interested in a non-invasive treatment option that has FDA approval for clinical trials. As an aside, I signed up for a clinical trial on the latest version of Xyban ( stop smoking drug ) at the local hospital. Everything is free and they monitor you 13 times over the course of a year.

biz.yahoo.com

But, as to the stock price, I look for 1-3 days more momentum and then it will die down until the next milestone or buyout rumor! Long term it has potential.