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Re: rjkraco post# 1610

Friday, 03/25/2005 11:50:07 AM

Friday, March 25, 2005 11:50:07 AM

Post# of 33753
rjkraco~it was posted on RB Friday morning by someone named smokeandmist or something like that. BIPH will have a good retracement somewhere for sure. I'm a technical analyst with my stock picking for the most part, and really don't rely on fundamentals. When BIPH was at 1.35ish, I was feeling good about a move to $4-6 in about a 6 week time span. The breakout is significant enough to yield 200+% over a short time period. All indicators confirm this rally, so after a retrace at some point, it should go much further. Fundamentally, the deal should be near and move to a new exchange is in order, so I don't see it "crashing and burning". CEO also mentioned a bit of institutional buying starting happening around 2. FWIW.

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