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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (63)5/26/2001 1:20:27 PM
From: XenaLives  Read Replies (1) of 544
 
Bernard, and anyone else out there - What do you think of this?

spiritsites.com

I held scios for quite a while until I started trading my stocks more heavily (self defense in this market!).

When it dipped before the FDA hearing I bought in based on my knowledge of the stock. When I looked at this chart this weekend I was really surprised by the volume and the negative accumulation spikes. (see yearly chart).

The only explanation I can think of is somebody with deep pockets really went short....

Any other takes on this?
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