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Biotech / Medical : AutoImmune-AIMM
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To: Thomas Stewart who wrote (69)4/13/1997 2:47:00 PM
From: organ   of 298
 
A very good question regarding a possible leak of good news. Tough call. I have noticed that huge jumps in price of a stock often happens when the volatility and volume are extremely low. Just when everyone is asleep, the underlying goes nuts. Volatility is always mean-reverting. But 40% gains in 2 days -- sounds like too much to be attributed simply to anticipation. Perhaps the trials are a success after all.

At least I wasn't short at the time! I'm glad to rob you of the satifaction. Ha ha ha

- Organ
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