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Replies to #9480 on Tasty Booshers
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wyobuford

03/23/05 1:25 PM

#9531 RE: bugsplat #9480

Bugsplat--just getting lucky.

I can't really take too much credit for my cybersuccess....wish I could translate it to my real portfolio. I just shorted a few that were causing, or have caused some problems in my own portfolio (GGB, IMH) and picked up a few I wish I had the powder to buy.

Still trying to learn more about charting...but really, really wish I had enough powder dry to make a purchase of EYET worthwhile. This company has developed a new drug to help slow the progression of wet macular degeneration that just received approval in Dec and is just now within the past few weeks being used....jumps almost 10 points because a different company's (ACL) drug (for the same purpose) fell through...doesn't really jump when the drug is approved...and then dumps when the company posts a losing quarter (have never turned a profit) because SH got impatient without any revenues from the new drug--because it hadn't even been used yet during the quarter. This stock rises and drops quickly, but strongly feel that this should bounce back into the mid 30's and quite possibly higher.

I saw the cup and handle on ANX a few days ago, but was too chicken to post it and missed the pop.

Buford T.