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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: wvalx who wrote (19524)3/10/1999 1:26:00 AM
From: Ken W  Read Replies (4) of 23519
 
wvalx,

"the daytraders"

I've lurked here for two days now and am amazed at how un informed some of the folks here are for "investors" Please do not take offense. When ever a stock runs 120% on a product announcement it is like speading blood in the water to a daytrader, both on the up and downside. That is how they make their money.

Personally I have played your stock to the upside yesterday, shorted it today off the gap and back up from the 4 support that was created yesterday. Daytrading is what drives a stock up and down so wildly. If you folks have faith in your long holdings in VVUS then please do not begrudge the daytrader his profit too. Most, or all of your 3 dollars shares will be gone now. Your stock will enter a new trading range between 4 and 5 until the next 'news' comes out. The daytraders will be back and move you up to the next level.

Thanks
Ken
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