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Biotech / Medical : Progenitor (PGEN)
PGEN 4.140+2.2%Oct 31 9:30 AM EDT
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To: scaram(o)uche who wrote (46)3/16/1998 12:32:00 AM
From: BRAVEHEART   of 106
 
Hi Richard,

I posted at Yahoo regarding this block. It is my understanding that NASDAQ double counts. Thus a Vol of 200,000 + shares is ultimately 50/50 actual buys and sells. I too copied an intraday chart. To me it appears as though some sort of exchange is going on. The question is for what. Anyway the chart describes a sell of 100,000 and a buy of 100,000. The M&M's make their money and the stock is left essentially unchanged. This was not a sell off or a big purchase from the open market for the stock would have reflected that much movement in it's price.

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