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Biotech / Medical : QLT PhotoTherapeutics (QLTI) -- Ignore unavailable to you. Want to Upgrade?


To: Scripts who wrote (690)10/14/1999 9:12:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 1321
 
Ed,

If I remember correctly, there was similar pressure on QLT's price during September's Option Expiry week. I suspect if I go check volumes, I'd see some abnormally large trades again today.

With the volume today, I suspect some of the weaker hands panicked out of the stock as well.

With the subcommittee approval probably coming Nov 17th after the close, it seems a little premature to bail after all of these years of waiting for this blockbuster to arrive.

JMHO,
Ian.