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Biotech / Medical : sciclone pharmaceuticals
SCLN 11.150.0%Oct 20 5:00 PM EST

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To: Skywatcher who wrote (1010)12/19/2001 4:10:18 PM
From: Captain Jack  Read Replies (1) of 1137
 
Chris, as I watched the bid/ask and size it seemed there is a tremendous amount on the sell side and no interest on the buy side. As soon as a block was taken another arrived for sale. The vol vs avg (30 day) was also talking on a 10% down day. Looks like the only light in the place is coming from the sun. They are finished by the action/price of recent weeks. Dead! They only thing to wait for is to see how bad the coming news is going to be as it certainly will not be good. If mgmt had anything good or neutral to say it would be out,, that only leaves bad news,,,,,,, how bad? How much? Sadly I could not dump more @ 2.85. Losses taken here may only limit the amount according to the trend. Then again, as soon as all mine is flushed it could stabilize or go up. Simply a POS that makes mgmt look better than they are.
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