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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product -- Ignore unavailable to you. Want to Upgrade?


To: Haolin Ni who wrote (1039)3/31/1999 9:01:00 AM
From: SgtPepper  Read Replies (1) | Respond to of 1837
 
Hi, I'm new to this thread. My girlfriend suggested I check this company out. She usually has no interest in stocks, so I take this as a sign of broad interest in the future of this product.

Looks like the classic bull-bear standoff here. IMO, the chart looks like a bottom is in place for now. A break of the downtrend line will cause lots of buying here. Always a takeover possibility. Next move, a test of $11?



To: Haolin Ni who wrote (1039)3/31/1999 2:25:00 PM
From: Solomon  Read Replies (1) | Respond to of 1837
 
In response to statements 1-4
1. Duramed does have a "unique" product (it's made from yams and soybeans so it's "natural")
2. It's cheap to produce- Duramed already has Cenestin waiting to be shipped.
3. Every investor wants a stock that can run and has a real product.
4. Duramed isn't relying on this as their sole product- they already have a line of quality generic drugs.



To: Haolin Ni who wrote (1039)4/1/1999 6:28:00 PM
From: Richaaard  Read Replies (1) | Respond to of 1837
 
It sounds like your approach towards investing is more geared towards momentum and trends. You did well with your shorting the stock, but where do you see it going now that the "after news" turbulence has subsided? It looks to me like we've built solid support in the present range with heavy accumulation by MM's. I think the shake out is over so downside risk is minimal.

Richard