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Biotech / Medical : Vasomedical Inc.
VASO 0.1550.0%3:25 PM EST

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To: Jack Ucci who wrote (827)1/9/1998 5:12:00 PM
From: Giuseppe Scalamogna  Read Replies (1) of 1605
 
Jack,

Market makers will typically do this to a stock. Bouncing it up and down up for no apparent reason, down on good news whatever. This is how they make their bucs. Take a look at trading ranges over the past couple years and how often the stock bounces around off the highs and lows. Without solid trading fundementals a few MM's will have control. Maybe this is some institutional buying in here. Maybe that's why the stock dipped so low on the good news in the first place

GS
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