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Biotech / Medical : Sun Healthcare [SHG] -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (28)3/3/1999 3:43:00 PM
From: s martin  Read Replies (1) | Respond to of 39
 
Wasn't he just the luckiest thing ? The press release just stated that financials are due end of the month.



To: John Pitera who wrote (28)3/3/1999 4:07:00 PM
From: AC Flyer  Read Replies (1) | Respond to of 39
 
>>There just have been no bounces at all<<

That doesn't surprise me at all since there has been virtually no news out of Sun since the earnings warning. SHG is still trading down on fear as those who are still holding lose their nerve and sell out to bottom fishers.

The total silence obscures, I am sure, frantic activity at Sun as management, with a lot of "help" from investors, tries to figure out how to get out of this mess.

I'm not saying that you will necessarily be proven wrong about Chapter 11, but I do believe that there could be a very strong upward move on any news that is remotely positive.

Buy when every nerve in your body screams "NO!" and sell when you are sure that it will go higher. 'Tis hard to do.