Duramed (DRMD) Synthetic Estrogen Product Message Board

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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: Doug Bean who wrote (874)	2/6/1999 3:56:00 AM
From: dancin fox	Read Replies (2) of 1837

In the event that any news coming is not Cenestin, I see two logical possibilities for Fridays move: 1.....One of the ANDA approvals is about to be announced. 2.....An institutional investor(s) made a couple of large buys (as the chart indicates) which alerted a small hand-full of daytraders to jump in. In addition, I feel that the 250k short position held by market-makers and individuals (who have been watching for any movement or news) covered a good part of their short position today, as a result of the fast volume. Of the two listed above, my guess would be #2. It has happened before. Any thoughts????? By-the-way, I'm new to this thread. Have been posting at Yahoo for some time.

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