| |
Mario's activity somewhat mirrors my own. I placed a limit to buy today at 6 3/4 hoping a few big players would panic, but alas they didn't. I view a decrease in institutional ownership as a positive because most of them are run by zombies.
By the way, I am in correspondence with a representative of the FDA who has informed me that even if Paxene is approved it may not be available due to orphan drug status of Paclitaxel. His letter was somewhat cryptic, so I have wriiten for an elaboration which is pending. Will keep you posted.
<<digression>> I was wondering if you would explain to me how the bid/ask size works, A X B. Correct me if I'm wrong. The A is the size of the bid, those who are bidding to buy, while B is the size of the ask, those who are offering to sell. A larger A should result in a higher stock price, while a larger B should result in a lower stock price. But I have noticed just the opposite. When A is greater than B, the stock price almost always falls. Is the size in hundreds? or thousands? Today is my day to ask others for information. I cannot find this information anywhere.
Thanks without limits,
Jackson |
|
