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Biotech / Medical : CMTR-CHEMTRAK FDA OK
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To: r q lad who wrote (47)11/21/1996 6:37:00 PM
From: Dan Berger   of 1172
 
Another 15,000 shares on the last trade of the day today.

I speculate that a trader is accumulating as many shares

as possible during the day in small lots... 100 shares, 200

shares, 500 shares. Then selling them to fill an institutional

order or large individual investor at day's end.

I don't completely understand how this works but we've

seen 3 days in a row of block trades in the late afternoon.

If I'm right, this is extremely good for the stock. Once all
the small sellers are out of the stock, there's no where
to go but UP!
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