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Biotech / Medical : Sepracor-Looks very promising
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To: j_fir2 who wrote (2467)4/20/1999 12:13:00 PM
From: Bob Swift  Read Replies (1) of 10280
 
A couple of weeks earlier, when I tried to exit some deep in the money calls when the common was at 120, the option price suddenly dropped by $2 all day. SEPR abruptly closed at 117 that day (to fit the option price?). Today, it inexplicably gone up $2 right about now. ZQTAA was buyable at 25 when the common was at 88 a minute earlier cannot be bought at 25.375 when the common has dropped to 84.5. If you believe the option market makers have a good sense of direction, this may signal a turning up soon.
Also, the spike up from 82.5 to 88 occurred in about a minute and was faster than I can type in the order.I guess there is now a pile of anxious money watching to get in.
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