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Politics : Idea Of The Day

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To: Jerry Olson who wrote (20370)9/12/1998 1:54:00 PM
From: KHS  Read Replies (1) of 50167
 
IKE, "VIVUS UP IS DOWN"

July of '97 VVUS was an interesting play. It had momentum, then down the tubes since. I did invest over last 6 months with an average cost of $10. Now is just above $2.

The quote above I remember from one of your posts just before it peaked and fell. What did you mean by that?

Secondly, what are the market forces pushing this down so far? I realize the fundamentals have changed, but it seems excessive.

I realize you don't have much time to comment on individual stocks, but I believe you had a position in it (sold puts, bought calls).

Your insight last few weeks have been very helpful. thank you.

KHS
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