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Biotech / Medical : Vivus, Why the Slide?

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To: Tim Gardner who wrote (3773)9/23/1997 12:19:00 PM
From: Tunica Albuginea   of 3991
 
Tim Re: "

You are right. I was able to execute a 1/2 point sale this AM ( just couldn't resist , gg ), but RAPIDLY got back into it because of the power of the rebound. MMs shook a few weak hands loose plus some stop loss orders; was down to 34.5 for ~~...45 seconds!!! and rapidly back
up to 35.5 in 20 min and 36.4 in 35 min!!! when buyers rushed in like an avalanche.There is just too much short interest and GENERAL interest , gg, out there to keep a lid on this.
So that the most important thing in this for the average investor is to own the stock otherwise you are more likely to loose points than make them, Re sailor this AM.
Another VERY important reason I think is that what Kevin McIntosh said yesterday:

www3.techstocks.com

i.e. that pretty soon the SOES traders are going to smell blood and
come rushing in here and squeeze the shorts out.

Last trade at 36.5: just what I said.

TA
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