SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : XOMA. Bull or Bear?
XOMA 24.99+1.5%Jan 29 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert K. who wrote (5167)12/22/1997 4:17:00 AM
From: Tharos  Read Replies (1) of 17367
 
Bob,
Friday's interday trade shows a 20K block sold shortly after 10 am. after that there was stedy buying into 5.25. Xoma tested 5.25 three times and bounced off of it. If we close below $5.25 i think we are headed lower.

Here the markets are concerned that banks wont lend money to boarderline compaines, which will exaberate problems and lead to more failures. the minister of finance made a call to banks to not cut off moneis to borderline firms. market is testing a post bubble burst low and has twice before rebounded from these levels. This could affect us today if more money bails from Nasdaq.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext