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Biotech / Medical : Alfacell (ACEL)
ACEL 11.51-0.1%Jan 12 3:59 PM EST
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To: Greg Kevorkian who wrote (1438)7/13/1998 4:14:00 PM
From: John Jenco  Read Replies (1) of 1533
 
Greg -- Based on watching the volume trends this past week, I don't think that Aries or Paramount are 'dumping' shares. There's no logical reason for them to suppress the stock price at this time, in lieu of waiting 60-90 days for a much better position to sell into... unless they know something negative about the trial results.

I personally still believe that it's the MM's shuffling things around for some reason... like today, almost 100K shares traded with virtually no change in price.

From another standpoint, it will be interesting to see the short interest numbers for the past month, when they are released. I hope they don't show a big increase. --John
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