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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: 5,17,37,5,101,... who wrote (292)2/16/1999 11:58:00 PM
From: JEB  Read Replies (1) | Respond to of 2515
 
;-) ...I agree to a point. Where I differ is that I think the real money is waiting on the sidelines (Item #1 on your post) until the market looks stronger then I see (Because of the strength in the products of this company and their efficacy) that this company should see an extra 5-10 points short term.

-JMHO-

Good trading Jackson,
JEB



To: 5,17,37,5,101,... who wrote (292)2/17/1999 9:27:00 AM
From: LLCF  Respond to of 2515
 
<However, my own opinion is that investors are waiting.

1) All IMCL news is out; therefore, everyone that wants in is already in.>

Not to "chat" about trading or short term opinions... BUT I think it's very interesting to note (and can be profitable for the pocketbook) that your observation is true in several other instances IMO including CORR, CEPH, & LGND... CORR and CEPH in particluar are way oversold IMO by fast money getting out after approvals and will start moving up after the tide turns.

DAK