Alteon (ALT) Message Board

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Biotech / Medical : Alteon (ALT)

ALT 5.710

+5.9%

12:10 PM EST

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To: Rudy Saucillo who wrote (191)	12/9/1997 10:08:00 PM
From: Lucky	Read Replies (1) of 318

Actually I agree with you here on two accounts.One,I don't believe that anything I or any of the shorts say will have any significant impact on this stock or any other as the people on these threads represent only a small portion of the trading. Secondly I know that institutional investment represents 55% of the current holdings of ALTN,but that does not concern me so much.Watching the trading here shows me that the big players are trading amongst themselves at the market price levels while us small timers trade with each other.Seems to be just as many institutions profit taking as there are buying.eg. saw a block trade (105k)after hours at 8 3/8. Regarding the buck.I'll take a 20%(margin included) return on my money in 5 days anytime.Wouldn't you? I'll be sure to let you know when I cover. Lucky. PS. I post for entertainment purposes only.While waiting for these stocks to fall.

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