Ionis Pharmaceuticals (IONS) Message Board

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Biotech / Medical : Ionis Pharmaceuticals (IONS)

IONS 77.92

-1.2%

11:37 AM EST

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To: TinaK who wrote (2130)	7/23/1998 12:57:00 AM
From: Sonny	Read Replies (3) of 4676

Anyone: What do you think the day-price-dynamics of Thursday would look like: open at 19 .... rise to 22 and start falling by the end to close at 19 again? (Thus, no gain to fresh-buyers on Thu??). In that case, I do not understand, why some one should jump-in and try catch the train which has left the station? Isn't it the case that biotech-buyers are quick dumpers also on news-runups in general? Will ISIP suffer from this too on Thursday? Most start getting scared around 10:30am if the price holds steady for a while, and they start worrying about being involuntarily forced to become a long term investor, for another couple of years, no? But then again, if most knew this and acted rationally tomorrow, we should not see sudden spike tomorrow .... but I know for sure that this won't be the case ... there will be a huge run-up at the open .... that means something gives. What gives? Any explanation would be welcome. Any Risk/Reward analysis of Thursday's fresh buyer will also be appreciated. thanks, -/Sonny. btw: what about any secondary or tertiary plays on this, like IMGN? Big bang from the undervalued, sleeping train?

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