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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 26.60+9.2%Nov 24 3:59 PM EST

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To: steve dietrich who wrote (499)3/12/1997 5:41:00 PM
From: Ambrym Man   of 1693
 
I am not disturbed by something going down on low volume. But one aspect of QDEL's chart disappoints me. Three months ago from Dec 9th
thru Dec 13th the stock made it's big move. Later when the earnings
report came out it was almost double what was generally expected.
I suspect that many people knew that Quidel was going to surprise.
There are many poeple involved in a company's business, that are not
considered insiders, who have knowledge of how well a company is
doing. Distributer's, suppliers, competitor's etc. I suspect that that was the case in early December. I fully expected the stock to make a move this week. The optimist in me thought it would be up. Maybe the stock is down this last two days because others like me shared the same disappointment. The flippers are getting out ?.
This is just an opinion, I could be totally wrong. Of course another viewpoint would be that all the people who took the stock up in early December are still in and cannot repeat the performance because of lack of funds.
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