Gliatech (GLIA) Message Board

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Biotech / Medical : Gliatech (GLIA)

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To: scaram(o)uche who wrote (836)	7/17/1999 7:14:00 PM
From: Spekulatius	Read Replies (1) of 2001

I have two possible explanations for the recent GLIA stock weakness. 1) A large institutional owner is selling out 2) Short speculation before the earnings release. I have seen this one too often. GLIA may be a good target because a) it has earnings b) its a small cap and usually is not that actively traded I have seen this pattern all too often - in the GLIA Yahoo thread Biotech13 mentioned OSTE - but this is not limited to biotech stocks. The days before earnings release are very good for a short attack because the stock price movement is very closely monitored. When the stockprice is weak before the earnings release many stockholders think " Well someone must know something"... All to often,this does not turn out to be true. Just my humble opinion. I will wait and see, Ralf

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