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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (3943)3/18/1998 5:10:00 PM
From: Steve Fancy  Read Replies (2) of 6136
 
Well we almost made it...almost a million shares. Either someone is trying to get it over 40 for options expiration which is possible but seems unlikely with MAR 40C OI at 1662 and MAR 40P at OI at 661. Options are not that heavily traded on this stock. Could be some short covering, but I noticed short OI up Jan to Feb, otherwise could be anticipation of news to come. Interesting chart today. I'll have to check what time scrip data was available...the majority of the gain was in the first 45 minutes.

sf
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