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Biotech / Medical : Vivus, Why the Slide?

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To: Richard Singer who wrote (2894)7/30/1997 5:02:00 PM
From: Frostman   of 3991
 
Richard,

It looks like almost 50,000 shares traded in the last two minutes before the bell pushing VVUS up 1/4, allowing the stock to write 29 1/4 at the close. VVUS tried to find support at 29 three or four times today but I think that small orders looking for profit pushed it back until the last fifteen minutes. I found it interesting that 29 1/4 was the high for the day.

Comments?

Frostman
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