Trinity Biotech (TRIBY) Message Board

STOCKTALK

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 : Trinity Biotech (TRIBY)

TRIB 1.360

+52.4%

11:53 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bob Jagow who wrote (7982)	1/30/1998 8:22:00 AM
From: Steve Stuart	Read Replies (2) of 14328

Bob- The reasons for the price spike in '96 are indeed discussed in the old posts, but I don't expect you'll browse all 8000 of them. There are two main causes. One is an agreement signed with Bayer AG to distribute TRIBY's products in Asia. But the biggest jump in price didn't come until a few days later, in the middle of one of TRIBY's first conference calls. Brokers were giving the Irish lads real-time quotes as the stock passed $5, and were probably snapping up all they could get to build inventory and not miss out on the next hot stock. Thus I would say the real catalyst for the price spike was a well-timed bit of marketing. -Steve Stuart

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next