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Biotech / Medical : Biochem Pharma (BCHE)

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To: JDN who wrote (715)3/6/2000 1:38:00 PM
From: tuck  Read Replies (1) of 783
 
JDN,

IMO, the stock has been driven by MMs to 23 1/2 to pick up a large block. I don't have Level II, but looking at the chart and volume spike into the 700K range at that price, I would say that when they finish their lunch, BCHE will be heading back up.

Accordingly, I have an order in to sell 22.5 puts.

siliconinvestor.com

Cheers, Tuck
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