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Biotech / Medical : XOMA. Bull or Bear?
XOMA 28.68-2.3%Jan 15 3:59 PM EST

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To: LarryS who wrote (9830)5/6/1999 10:56:00 PM
From: Robert K.  Read Replies (1) of 17367
 
Larry, I have to strongly disagree. your comment>
"Most of the purchases today were
retail. Because of that, I think most of this
volume came from the article in MarketWatch."

The trading today was concerted. I saw lots of sos bandits. Lots of rapid and multiple hitting of the buy size limit. Large trades both buy and sell. Trading a few hundred thousand shares in minutes, multiple times is not normal at all for a stock that was avg and declining daily volume of 200,000k/day. And you cant blame market watch either as the previous few days were something like 600k,900k,400k.
A curious note>we traded 6 million in stock today, and increased xomas market cap by about 18 million. Thats right 6 million in trades
increases value 18 million. Wonder what the buyer motivations are. Also wonder what tomarrow will bring.
All IMO. etc.
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