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Biotech / Medical : BISN - Why the activity

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To: tom who wrote (215)5/29/1998 7:25:00 PM
From: Kenny  Read Replies (1) of 304
 
I was doing DD on this stock for the last two years. Whenever there is news release this stock will always jump from .06 to .12 before the release. When the news release is big, it will jump beyond .20, and hopefully beyond .25 if the news is mega-big. From the movement of the stock today, it is a very typical strong accumulation as in the past, so I would assume the news is big at least, if not blockbuster type of big. Final discovery is that nobody was day-trading before in order to move the stock up so today's action is a trend to rise by insiders for sure. It should reach .1 on Monday and .12 on Tuesday, depending on the size of news and the release date of news.
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