Sepracor-Looks very promising Message Board

STOCKTALK

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 : Sepracor-Looks very promising

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: billy d who wrote (232)	7/16/1997 6:34:00 PM
From: M. Ramle	of 10280

As far as the Stock performance of SEPR is concerned, you are absolutely correct that SEPR has lagged the general market (Please refer to my previous message # 223). I strongly believe that the drop is due to Option Expiration coming this Friday, and the price of SEPR is clearly being manupilated by the Market Makers, who are trying very hard to bring the price down to the $25 level, so that all Call-Options they wrote earlier would expire worthless. Mind you, these Call-Options had very hefty premiums built into them when SEPR made an all-time high at $27 5/8 about a week ago. Anyway, my feeling is that SEPR should stabilize around the $24 3/4 - $25 1/2 ($24 3/4 being a very good near-term support) by the begining of next week, and then rally towards my initial target of $33-35 range. Good luck to all.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next