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Biotech / Medical : ATIS is on the move!
ATIS 0.1000-47.4%Apr 14 5:00 PM EST

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To: John Curtis who wrote (1316)1/28/1998 7:33:00 PM
From: HighGain  Read Replies (3) of 2205
 
John, I too feel an approval is forthcoming. Everything looks positive and nothing looks negative. I am however a little concerned that ATIS's price has not moved up in antipication. Means there is heavy selling to match all the heavy buying. Why would there be heavy selling before a highly likely FDA preapproval? At this point I think there will be an FDA preapproval but most likely the stock will not rise much as a result. It may even decline after the preapproval. I can't explain why, but I have seen this kind of thing before.
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