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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Joe E. who wrote (2025)10/2/1997 5:51:00 PM
From: Randy Schmid   of 6136
 
Oh, that explains it! Have to agree that its volatility - didn't see any news. Oh, Intel Trader - yes, I've got Waterhouse webbroker - nice online trading, and real time quotes. How real time? When I (too) was feeling good about my Nov. 50s - I put the order in at a limit of 8, when bid/ask was 7 3/4 to 8 1/8. Then I looked at the quotes again, and, like magic, the bid went up to 8! AGPH NEVER has a 1/8th spread on its options, unless, of course, I'm the only one looking to buy. Eventually got them, and knew it when the volume went from zero to eight, which was the number I bought. So its pretty real time....

If things don't pick up, and the stock doesn't go up on earnings next week, it'll be time for the old "roll down". Ugh. But there's just been no stopping this freight train down. Take a look at Billkirn's web site and marvel at the oscillation this stock has consistently displayed. Will it, can it, pull out? Fundamentals are just fine.
Hope AGPH the stock starts to act like AGPH the company soon. Long and intermediate term, we're probably OK. If the orignial $70 by Nov John W prediction is true, that would be a 59% move up from 44. Now that's volatility!

Regards,

Randy
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