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Biotech / Medical : XOMA. Bull or Bear?

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To: opalapril who wrote (8211)1/6/1999 10:07:00 AM
From: aknahow  Read Replies (1) of 17367
 
I think that non news of the type we had yesterday, either good or bad, provides cover for movement in or out of a stock. My only problem is I don't know if an institutional buyer cares about such things.

Anyway, I agree with you that some institutional buying could have occurred and that the, "news", actually was not the reason for the move. But as Robert S pointed out all except one Murphy mentioned stock went up.
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