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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: D Edwards who wrote (3864)12/18/1997 8:07:00 AM
From: BigKNY3  Read Replies (2) of 23519
 
Dave: <<BigKNY: welcome aboard from a fellow PFE/VVUS ED Daily Double player!>>

Dave: Thanks for the welcome!

Several points for VVUSers to consider:

1. One day trading may just be noise. VVUS needs to move up to around 15 -18 before breaking out any champagne or putting away the aspirin.

2. Using daily % increases to evaluate stock performance may feel good but really is misleading. For example, a stock can drop from 40 to 10 , lose 30 points and decline 75%. This same stock can increase from 10 to 12 , gain only 2 points and increase 20%. For the same stock to recover from 10 to 40, it would have to increase 300%.

BigKNY3
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