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Biotech / Medical : INHL - Inhale Therapeutics - Pulmonary Insulin!

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To: dwc who wrote (171)3/16/2000 2:48:00 PM
From: deeno  Read Replies (1) of 225
 
Dont know if anyone wants to chat on this one, but my take is that there are only 3,000,000 shares not owned by institutions or insiders. Tends to make for big moves on small volume. Since the bio tech market has taken it on the chin, i assume biotech funds are suffering redeemtions ie. 2nd largest position in franklin bio tech is inhale. the volume today is over 1.3 million, so it is unlikley that we just traded a 1/2 of the float, so institutions prob selling. Anyone know if some concern has recently developed that would lead these mutuals to sell THIS particular stock instead of other holdings? Or just did it run up so much that it really isnt much of a value anymore?
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