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.
Biotech / Medical : Don't Floss, You Lose - (ATRX) To the RESCUE. -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (93)3/25/1999 1:23:00 PM
From: Apakhabar  Read Replies (1) | Respond to of 182
 
I doubt it was funny business. I would describe it as:

1) an indication of the lack of depth for ATRX (which goes both ways: up almost 2 points today on 80,000 shares)

2) a nice buying opportunity. Buying in the middle of the range that the VP bought at recently is soothing.

It doesn't take much conviction in either direction to move a lot of small caps significantly. IMO this argues for me to stick with a small position in ATRX and not try to make a killing. The other thing I would recommend is using a stop-loss, trailing up as the price rises.