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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Bluegreen who wrote (5827)	10/29/1998 1:52:00 PM
From: Rocketman	Read Replies (1) of 9719

XOMA definitely has a rally going. I wonder what's up??? Volume is big enough on no news that I would figure that one entity is accumulating stock. If that is the case, once they've filled their orders, I would expect the volume to plummet along with the price. If there is news coming out soon, I would expect some insider trading investigation. Ribogene (RBO) took off big this week too. I'm not much of a momentum investor though, I figure by the time I notice it going up, it is too late and a suckers bet to try and grab the coattails. I'd be more inclined to short it when it stops the momentum and volume drops and ride it back down. Rman

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