David Chapman
Forbes Medi-Tech Inc
FMTI-Q
COMMENT
Mar 28, 2006
Had quite a base being formed over the last year or so. If you are a speculator, use a low from the past few weeks as a stop/loss. If you are a long-term investor, you can have your stop at a lower level.
Biotechs are extremely market sensitive. Have to own a basket of them as they can be volatile. Formed a base in the 02/03's and had a rally in 04. Formed a higher low now so could be some more upside.