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Biotech / Medical : Oncothyreon

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To: KLH who wrote (700)5/12/1999 11:09:00 PM
From: Grislee bear  Read Replies (2) of 2344
 
a big pile of shares offered @$8 we took a little dent out of it today I don't think it will last long if the momentum continues.

Sometimes Market Makers will throw up huge offers to 'box' the stock into a trading range. novice traders see the huge offer and freak out thinking the stock has topped out and they sell to our friends on the ask.

Grizz
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