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Microcap & Penny Stocks : NEOTHERAPEUTICS (NEOT) (NEOTW)
NEOT 1.919+4.3%Jan 17 4:00 PM EST

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To: David M. Evans who wrote (266)5/9/1998 3:48:00 PM
From: Marty  Read Replies (2) of 705
 
>>If anyone has an alternative explanation for the price action, everyone on the thread would love to hear it. <<

To recap, we have 3 theories now to explain the recent run up.
1) The fall out from the presentation in Switzerland that coincided with the beginning of the move up from the low of year.

2) The NeuroInvest newsletter, read by the serious fund managers and block trades consistent with their buying patterns.

3) Announcement on May 7th of former Amgen director to be elected to NEOT board with all the implications for an alliance with Amgen or an Amgen look alike.

I vote for 2, 1, 3 in that order because #3 doesn't identify who or what kind of buyers may have acted on that news. Besides, where did you see announcement? How does anyone find out about things like that? You'd have to be in some special loop to know about it, as far as I can tell.

It is probably a happy convergence of all of these.
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