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Biotech / Medical : Sepracor-Looks very promising
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To: RCMac who wrote (2968)5/25/1999 2:27:00 PM
From: jeffbas  Read Replies (1) of 10280
 
Re: eliminating the need for antihistimines

That is precisely what I think is happening with the stock. A new adverse scenario has arisen which has to be given a non-negligible probability of occurring. That reduces the probability that can be assigned to the favorable scenario, and materially affects the price of the stock.

Combine this with margin selling and institutional dumping and the stock is dropping like a stone. No earnings for a long time also does not help.
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