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Biotech / Medical : Vivus, Why the Slide?

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To: Cacaito who wrote (3061)8/18/1997 4:27:00 PM
From: DDS-OMS   of 3991
 
Cacaito,

VVUS buyers?
1. Those who have been successful by buying on the dips for far too long.
2. Those who missed out on VVUS's last phoenix-like rise from 16, and determined to get in before it takes off again without them.
3. Those who partake of the bittersweet nectar of averaging down a la Tuna--maybe this frailty is more pervasive than previously realized.<ggg, Tuna>
4.Those who look at stochastics and see it is oversold and therefore "must" rise.
5. Institutions willing to buy it from other institutions who have a profit in it, but willing to buy only at a discount. VVUS is 70% institutionally owned?
6. A few shorts covering?
7. Anyone who uses me as a contrary indicator.

Speaking of news, will UK approval affect VVUS's price significantly, in light of no flow through to the bottom line because they cant meet present demand anyway? Milestone pmts. ignored.

Gary
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