SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Enzo Biochemical Inc. A biotechnology Co. with earnings.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gator II who wrote (156)8/10/2000 12:46:23 PM
From: JEB  Read Replies (1) of 184
 
Just after the big drop, I checked with the company, a few brokers, and an analyst. There was no reason for the drop. No rumors of bad news due. Nothing to suggest there was a problem with the company.

That leaves speculation only and either an institution wanted out (lock in profit), wanted to buy more shares at a cheaper price (sold a block of shares to drive down the price), or just plain old fear from ignorance of the company's products and fundamentals.

We'll know more soon.

Good trading,
JEB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext