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Biotech / Medical : Electro-Optical Systems Corp. (EOSC)
EOSC 0.00010000.0%Nov 21 9:30 AM EST

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To: S-Choir who wrote (56)2/18/1998 6:35:00 AM
From: richard simon  Read Replies (2) of 242
 
I don't think so, the info does not add up. I went over the individual trades for the day, and it seems that 90+% of the activity were buyers at the offer, not the bid, plus, the volume was comparatively low for a "dump". It is perplexing though why it went down? when there was almost only buying and not selling? guess its a free trading market- go figure. The only explanation that I have is regarding a possible short position which is likely high, and they are moving the stock down to minimize some of their already significant exposure....
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