SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : HBOC...Buy in here?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (184)7/24/1998 9:14:00 AM
From: Mama Bear  Read Replies (1) of 341
 
Chuzzlewit, the only problem with your market cap theory is that stock prices are set on the margin. The loss of market cap is irrelevant to the catalyst that set the momentum in motion. The fact that the "arbitrage premium" narrowed steadily throughout the session indicates to me that this in fact was the driving factor behind the stock's decline yesterday. Was it the only trading? No, of course not. There were plenty of opportunistic daytraders piling on and helping confirm the direction. I'm sure there were long term holders selling, buying, and as many reasons for trading as any day.

Barb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News