SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (459)3/8/1999 5:28:00 PM
From: Mike McFarland  Read Replies (2) | Respond to of 613
 
You know, with five brokerage houses all
rating Gene Logic a moderate buy, you would
think that they'd do a little something to
support the share price. Do you suppose
they're all waiting to see it test the old lows
in the 3's before they start buying? That
would do a couple things--it would shake out
a lot of the individual investors, and then
the chart would do the magic double bottom, and
up she goes... I always wonder how much control
those guys have, whether there are hedge funds
shorting etc etc. I guess you cant really know
anything--and so everybody has come to beleive
that all information is communicated through
the stock price--and the trend in GLGC sure
does not look good.

That said, if any of my stocks had paid off by now,
you can be sure I'd be buying some glgc at these
prices--I'd do 500 shares times 3 over a few weeks
just in case it's not at the bottom yet tho.

Just more useless banter from Mike!