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Biotech / Medical : XOMA. Bull or Bear?
XOMA 25.710.0%3:59 PM EST

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To: aknahow who wrote (9810)5/6/1999 12:23:00 PM
From: Slugger  Read Replies (2) of 17367
 
>>Sluggers find continues to show "Institutional" messages of interest in XOMA. About 400,000 shares have traded real time.<<

George,

I think Market Makers drove the market down the past few days to drive out weak hands, to accumulate shares and place shares with institutions. That is what my interpretation of what Thomson I-watch was showing.

If market maker has completed his placement/accumulation, which todays action would appear to indicate, then he will allow the market to run it's course.

Slugger
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