SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 5 1:26 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Todd D. Wiener who wrote (877)4/29/1998 5:46:00 PM
From: Jim Roof   of 1432
 
Todd,

Your reasoning and approach seems very realistic to me. I know that the new guy (can't remember his name) bought shares at 16 and change a few weeks back so he is definitely looking at a paper loss. I also wonder if there may be some subtlety lurking in the timing of Asensio's 'news release' about an hour before the first day of National Market trading for BTIM? Or maybe I am giving him too much credit.

At any rate, I agree that something significant was in the works and the 8 1/2 block of 100k shares (the 5 minute chart makes it look like it traded just prior to the open) is suspect. If I were short I would really want to know who covered. If it was Asensio then his followers should ream him out for it.

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext