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Biotech / Medical : Oncothyreon -- Ignore unavailable to you. Want to Upgrade?


To: Claude Robitaille who wrote (813)5/18/1999 10:03:00 AM
From: John Curtis  Read Replies (1) | Respond to of 2344
 
Claude: And that, as they say, is no surprise. Just as the traders have done several times over the past few years they've done it again. That is, pushed it up all while getting excited, and then when nothing happens within the bounds of their limited timeframe(like half a day), they run for the exits. So now, as a result of the run for the exits, TA indicators are stating BIOM's in oversold territory.

Be that as it may, the trick to owning BIOM right now is to not buy it on the run-ups. Wait, let it slip back(like it's doing right now), THEN buy it and put it away for viewing in the latter half of year 2000. Me thinks you'll be quite please with this strategy come that point in time. After all, theratope continues to prove it's efficacy, and all data sets point to a long term winner.

Patience, and a long term point of view, is all you need. By the way, I expect BIOM to settle into a range of ~$3.75 on the low end and ~$5 on the high end until such time as a significant event occurs. And while "she's" here I continue to add to my long term holdings at judicious moments.

Regards!

John~