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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: LoLoLoLita who wrote (6730)4/9/1998 6:52:00 PM
From: RT  Read Replies (2) of 23519
 
<<i think it would have made more sense to *support*
the stock near its low (and end up buying more shares for
the same money) than trying to boost it on a rally.>>

David,

Hindsight is wonderful. How did you know in advance that 10 would be the low. What happens if the stock goes down to 8, are you going to question why they didn't buy at 8 instead of 10. Then when it hits 7, question why they bought at 8. . etc. etc. etc.
Do you have a printout of the dates and times of all the buy orders? If so, I would like to see it.

Regardless, management felt that @ $14.75 the stock was undervalued. Nine months from now we will all know for sure. .

RT
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