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Biotech / Medical : Vivus: into single digits

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To: MIKE DUBIS who wrote (760)8/10/1998 11:11:00 PM
From: VLAD  Read Replies (1) of 1016
 
Hello MIKE,

IMO todays trading was actually very good. I observed a massive short selling attack on Vivus near the close that attempted to take out 5 3/4. Apparently the market maker Invamed absorbed all the sales at 5 3/4 (As I saw it 10's of thousands of shares). Tomorrow should be very interesting. Will the shorts attack 5 3/4 once again or will they capitulate and begin to cover if they believe they can not crack 5 3/4? Good luck!

VLAD
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