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Biotech / Medical : Vivus: into single digits

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To: VLAD who wrote (763)8/11/1998 5:30:00 PM
From: MIKE DUBIS  Read Replies (2) of 1016
 
Vlad:

For awhile, it looked like 5 1/2 bid would hold all day. It must have stayed there for four hours or more. In the last 15 minutes, the stock cracked. There were some sizable blocks thrown in towards the end.

Tomorrow could be ugly for the longs.

I know you won't listen but I got to say again that if you wish to preserve the capital you have, I would suggest, very, very strongly, selling your position and moving elsewhere. Don't get caught like I have been, more than once, so in love with a stock that one loses objectivity. This stock, in my opinion, is over.

Please accept this comment as friendly advice. That's all that is intended.

As a caveat, I have been wrong many times in the past perhaps this will be one of those times but I don't think so.

Mike
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