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SciClone Pharmaceuticals, Inc. Message Board

  • westcoastdoc westcoastdoc Mar 12, 2004 11:52 AM Flag

    Buying oppportunities

    Has anyone else noticed how 5.6 or so seems to be a support level that triggers strong buying? I am a physician, not a technical analyst, but it doesn't take much volume to pop stock price right back up again. With so much good news on horizon (1 to 2 years but no telling when new studies surface), it is not hard for me to buy the idea that these price dips are manipulations to allow big players to buy more stock. I didn't buy on this last dip, but it seemed clear to me that the selling was (and remains) overdone. I'm ready for the uptick, and it looks like it may start today!

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