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Biotech / Medical : Zonagen (zona) - good buy?

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To: Bill Wexler who wrote (2811)3/18/1998 6:34:00 PM
From: Linda Kaplan  Read Replies (1) of 7041
 
Bill,

Thanks for the good explanation. I don't know if that is happening here, but I do understand the concept. Coincidentally, I was joking on another thread yesterday, that those few of us who own the stock could each buy 100 shares and we could cause the price of the stock to double. This stock has a very small float, smaller than ZONA's. As I joked about this I realized there probably was a way to do it and that it might be illegal. Is it illegal?

I don't think that is happening here, or maybe that is not the only thing happening here. You can tell from Claud's innuendoes that there are rumors being circulated of something positive in the wings for this company. I think those rumors may be driving the stock price, whether they are true or not.

Linda
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