Sonus Pharma (SNUS) ? Opinions Message Board

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Biotech / Medical : Sonus Pharma (SNUS) ? Opinions

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To: art slott who wrote (314)	3/13/2000 5:12:00 PM
From: coachbobknight	Read Replies (1) of 384

art...we printed out the time and sales today for the past 10 trading days...here is what we see... the stock is being accumulated as it falls...granted, we are one of those accumulating<grin>...we have been buying every day that it has fallen...today was our biggest buying day yet... if you remember art, eshr acted the same way...there was a lot of buying when tom first talked about it in the 7-9 range...and then a few days later the stock was brought down on low volume to th 4 range before it finally took off... with sonus the MMs got slammed for a lot of shares on those days last week when we crossed 11...there were buys at the ask of 6000-9000 shares all over the place on those days...the volume was over 800,000 shares one of those days which is why we are falling now on lower volume... we very well might not hear anything until march 31...such is how the fda works...and to clarify, we see very good things for sonus not sonly related to this first approval of echogen...we and others see drug delivery potential and efficacy in detection of myocardial perfusion down the road...not this month or next...we think sonus will move higher as the year progresses... i would not worry art...the overall selloff in the biotechs is helping to fuel this sellofff as well... we are very sanguine about sonus' future... good luck, steve

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