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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
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To: Taki who wrote (18943)2/19/1999 3:36:00 PM
From: VLAD  Read Replies (2) of 23519
 
Today's trading:

Looks to me like we saw a spike due to short covering followed by a 50% pull back. This is healthy trading. It also tells me that the professional shorts see strong support at the 2 to 2 1/16 level and decided that it is time to lock in the profits and take the money off the table. If this is a fair assessment then yesterday eas the mm's final shakeout of the weak hands.
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