Imclone systems (IMCL) Message Board

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Biotech / Medical : Imclone systems (IMCL)

IMCL 0.159

0.0%

Oct 5 5:00 PM EST

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To: WTSherman who wrote (901)	7/16/1999 11:58:00 AM
From: cirrus	Read Replies (2) of 2515

Possibly, but the open interest on Jul 25 calls is only 64. Hardly enough to fuss over. The trading pattern suggests that some newsletter or stock service put out a sell at 10am this morning. I don't think we'll se 25 today. The selling has abated, and the volume isn't anywhere near the volume of buying that took the stock to 30 on Tuesday. My guess is that some service picked up on institutional buying on Tues, jumped in, and is now dumping. Classic pump 'n dump. Just curious as to whodonit. Regards: T

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