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Biotech / Medical : Dynamic Healthcare Technologies (DHTI)

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To: lirax who wrote (110)10/26/1997 2:11:00 PM
From: taLuis  Read Replies (1) of 168
 
I was watching the Time&Sales on Friday and noticed that the activity amounted to mostly sells at 5 1/2. There were a few buys at 5 7/8, however. The MM's seemed to artificially maintain a spread of 3/8 until they could do it no longer and the price collapsed at the end of the day. There seemed to be no interest in buying DHTI on Friday.

I believe 5 3/8 is a good price and am planning to re-enter (I sold out at $6 a few days ago), if the Hong Kong market doesn't continue to drive everything down.

Luis
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