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

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To: VLAD who wrote (8925)6/2/1998 6:34:00 PM
From: VLAD  Read Replies (6) of 23519
 
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Top:Business and Finance:Stocks:Healthcare:Biotechnology & Drugs:VVUS (Vivus, Inc.)

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TO ALL VIVUS PLAYERS SHORT AND LONG DayTrader1998
(37/M/Bonita Springs, FL) Jun 2 1998
6:14PM EDT
Please read the press release that davispaul posted. Especially read the last paragraph! This news was released 2 minutes after the closing bell! As a day trader I noticed that Vivus stock price moved according to several press releases. In the morning we had the press release about proven safety of MUSE and we moved up to 9 1/2. In the afternoon, there were 3 press releases all one minute apart (I believe the info was coming from the investors meeting in New York). The information at this time was all old news ie that Vivus will have a Q2 loss and that it would be greater than Q1. It was also mentioned that since Viagra's release MUSE sales have declined by 2/3 but now have bottomed out and that first call has an estimate of -.15. None of this was new news--we already knew what the script numbers were and the first call estimate of -.15 was releases over 2 weeks ago. After these announcements, the share price droped from 9 to 8 1/4 on heavy volume but also rebounded sharply in a short period of time. Now the news about Vivus working on several other products as announced by the CFO did not break until after the close. It is my belief that come Wednesday the fundies that are heavily hedged are all going to race for the door to cover. If this is the case expect a very large gap up and a gap filling to 20+ in a day or two (this information is much more significant than when Vivus got an upgrade by CRUT and we shot up over 80% in 2 trading days). Vivus traded as a $20.00+ stock when MUSE was still in clinical trials and not approved. Now we have one approved product and the potential for several other drugs to be marketed. WE ARE NO LONGER DEALING WITH A ONE DRUG COMPANY!!!! I do not feel at all sorry for the rude and cocky shorts who have been posting their smart ass remarks over the past 6 months--if they are holding short positions under $12.00/share, they can expect to be run over by the big boys tomorrow. I HOPE YOU SMALL TIME SHORTS LOSE THE FARM COME TOMORROW MORNINGS GAP UP. YOU GUYS DESERVE WHAT YOU GET!!!!!
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VVUS:ÿ Quote ÿ|ÿ Profile ÿ|ÿResearch This Is a Reply to: Msg 8858 by davidpaul98
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