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Biotech / Medical : Antex Biologics (ANTX) -- Ignore unavailable to you. Want to Upgrade?

To: Amigo Mike who wrote (1169)	2/2/1999 10:59:00 PM
From: Jim Reome	Respond to of 1476

Good write up Mike and pretty good facts laid on the table. As you know I have wave traded this stock for the last 3 years. Must be 8 or 9 times now. Each time have added to a core position and have a substantial holding with no cost because of the wave trades. If this stock ever takes off I probably will have heart failure from excitement and shares owned. I think we got some more run on this wave based on volume and price movement last 2 weeks from the two announcements and would think we got another announcement coming I hope. In any case, I agree with your play on the stock and believe that long termers will be rewarded but should play the waves along the way. By doing so they will reduce cost of core holding. That was my objective and I continue to buy on dips and sell enough to recoup the buy and place the remainder into the core holding. This wave seems to still have momentum and I am looking to see us test a buck tomorrow or next. We will see. Nice part about this thread is we do not have to explain our reasons for trading because the stock has the history to tell the story for itself. Use to be able to play from low 70's to 1.25's recently high 30's to low 40's and move in low 60's. Looks like we are moving the floor up again and its sure been a nice play. Playing does not make you a short termer if you believe in the potential this company has for the long term build a core and see what happens. Regards to all.