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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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To: Tara Cobble who wrote (78)10/8/1996 10:38:00 PM
From: Peter Shaw   of 1154
 
Tara,
Since you asked to revive this thread, I've decided to do it.
Awful movement in the stock the last two days. I find no news to speak of. If there is any, could someone enlighten us.
I think a big player (fund) may have decided to lose some shares. This broke the chart down and the lemmings chased it off the cliff. If there is no news known or pending, this is a classic market innefficiency which should be taken advantage of. Unfortunately, I've violated my rules of trading by staying 100% in my position as it moved more than 10% against me. I am not willing to average down, I typically average up.
Any ideas?

Cheers,

Peter Shaw
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