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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID
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To: contrarian who wrote (1489)2/24/1998 4:51:00 PM
From: Roudy  Read Replies (1) of 1762
 
I'm waiting for a response from IR. However, my thoughts are whenever you have a secondary or convertible offering the stock tends to stagnant or go lower. Usually, lower. Consequently, it throws a big red flag up to lighten up or for shorts to pile on. I think with todays volume we are seeing both. For those taking long positions, the up coming weeks could provide some buying opportunities. IMO, Don.
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