VVUS: VIVUS INC. (NASDAQ) 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 : VVUS: VIVUS INC. (NASDAQ)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BigKNY3 who wrote (5894)	3/15/1998 11:06:00 PM
From: VLAD	Read Replies (2) of 23519

I think most people following this stock are unaware that the majority of positions held are by institutions who have shorted against the box ie they shorted their long positions last fall to hedge their positions. If you check the short interset numbers you can see the short interest was huge prior to the December crash. The name of the game now is to be the first one to cover at the lowest price and then to be the first one to sell your long position after the pop. I firmly believe that vivus has found its bottom at 10-11. The volume was terribly low over the past week (weak holders shaken out/shorting over). Expect to see an uptrend now up to prior resistance of 15's. Pending good news (MCA approval, better than expected earnings, delays in/problems with Viagra etc... ) can easily see a rapid breakout to the 20's. I have been short and long. Threw in the towel on my short position last week and went long. Went short 6 weeks ago when we stalled at 15 for 3 days and volume dried out--same thing happening again now except indicators lean to the upside. Little people such as ourselves can do nothing to effect this stock PERIOD! Think like the institutions and all will go well.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next