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Biotech / Medical : IMMULOGIC

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To: SIer formerly known as Joe B. who wrote (231)12/6/1997 7:51:00 AM
From: Bosco  Read Replies (1) of 305
 
all - something else is happening here. Maybe there are people who are like Rick, who think IMUL has a wade of cash; however, if that is the case, why didn't people buy when the stk was at 1 7/8?

4M shrs are a huge number! It is 60x the ave vol of the last 3 mos. SI candle chart shows that there was a lot of selling; however, the BID and ASK are locked in 2 1/8 - 2 1/4. Incidentally, if it closed with a buy, we would ve an UP day

The only conjecture I ve right now is that something to do with the retainment of HQ. I really hope so since I now ve a substantial investment in this stk at a much higher price.

rgds Bosco
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