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Biotech / Medical : IVAX Insider Trading

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To: flickerful who wrote (157)11/6/1997 8:14:00 PM
From: jcashin  Read Replies (2) of 756
 
O.K., sorry to play devil's advocate but I've heard this story once before. When bergen brunswig was planning to merge with IVX the stock shot up only to have it plummet after the break off. Now one analyst raises his coverage to speculative buy and the stock shoots up. IMHO this rise will only be short lived. The analyst wants to make a quick couple of bucks.
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