Vivus, Why the Slide? Message Board

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Biotech / Medical : Vivus, Why the Slide?

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To: jeff c. who wrote (3780)	9/23/1997 12:35:00 PM
From: Tunica Albuginea	of 3991

Jeff c. Re : " This mornings actions....What was that? Any insight to whether that was profit taking or simply a glitch? " I believe it was a little bit of both. Vivus had a big increase yesterday due to the market and IBM helping.It was bound to take a litle rest this AM. then Vivus watchers ( the newcomers I suppose, ) mostly stood there in disbelief;the shorts didn't buy waiting against hope for a pull back; the MMs sold ~ 100000 shares amd dropped the price and shook the weak hands and stop losses.Then everybody just couln't take it any longer and jumped back in. When Vivus stsrts moving again it will be quick and sudden I believe as Oct * momentum and SOES traders jumping in builds up to the Volcano eruption point. TA

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