Vivus, Why the Slide? Message Board

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Biotech / Medical : Vivus, Why the Slide?

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To: Tunica Albuginea who wrote (2743)	7/16/1997 1:02:00 AM
From: David Pawlak	of 3991

I don't believe there is much the market makers can intentionally do to hold this little baby back... it is just to visible. Take a look at the volume in the last 1 1/2 hours of the day... It made up 37% of the days volume on a very nice uptick after it broke through the 30 resistance. I believe a further breakout is VERY iminent!! I liked the fact that it closed at the high again today and the good feeling that goes along with knowing that the shorts are getting margin calls at a time when we are just 1/2 point away from another breakout point. See ya at 40!! Time interval Close Net Change Open High Low Volume 09:30 - 10:30 29 5/8 - 1/4 30 30 3/16 29 1/2 345700 10:30 - 11:30 29 13/16 + 3/16 29 3/4 30 29 1/2 74700 11:30 - 12:30 29 7/8 + 1/16 29 15/16 29 15/16 29 3/4 82200 12:30 - 13:30 29 7/8 unch. 29 7/8 30 29 3/4 79700 13:30 - 14:30 29 7/8 unch. 29 15/16 29 15/16 29 3/4 159500 14:30 - 15:30 30 1/4 + 3/8 29 3/4 30 1/4 29 3/4 180100 15:30 - 16:00 30 5/8 + 3/8 30 30 5/8 30 280500 This data was compiled from the Bloomberg Financial System.

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