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Biotech / Medical : Vivus: into single digits

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To: BDR who wrote (391)4/25/1998 10:16:00 AM
From: Zebra 365  Read Replies (2) of 1016
 
Dale,

Althoug I consider holding two conflicting thoughts in the mind as a sign of intelligence, I have to admit to amazement at your recent post.

Does the stock market determine the efficacy of drugs?

I was able to short the stock successfully a year ago, knowing that they had a good product, but the stock was overbought. Now they have a product that will be soon second in volume to Viagra, but it is still a good product and the stock is oversold.

It can be a fatal mistake to assume the presence of a market where reality is better than perception. Yes, that is how it SHOULD work, but it rarely does.

Best of luck in your new location as a VIVUS BULL.

Zebra
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