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 : XOMA. Bull or Bear?
XOMA 26.37-8.4%Jan 16 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LarryS who wrote (10495)6/17/1999 5:05:00 PM
From: aknahow  Read Replies (1) of 17367
 
In trying to understand I -Watch I think you were correct in detecting a net buying interest today. I do not know how an institution or acquirer builds a major position, I can only speculate as to what I would do. At a certain point after having acquired enough of a position to ratchet up the price I might present myself as willing to buy at one price and also willing to sell at a slightly higher price. This would help put a lid on the stock and I in theory would gather shares from the eager sellers and sell some to any more eager buyers. Even if the end daily result was to not add a great deal to my position I would earn something during the day. Is this what happens? Just very interesting that most of the buy messages were matched to sell messages with of course the buy only messages.

Would guess that eager sellers, that bought at $3-5, as you also have said have already sold. News is IMO the only thing that will move the stock up or down. The buyer or buyers have not yet decided they need to pay up for the stock. The first major news should be I-Prex but there is no assurance that it is still on track. If it is XOMA must be very close. If the partner is not BOL and rather, Japanese, then XOMA may only think it is close to an agreement.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News