Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : BCRX: Target practice for shorts -- Ignore unavailable to you. Want to Upgrade?

To: Jan who wrote (88)	11/1/1999 10:24:00 PM
From: Wolff	Read Replies (1) \| Respond to of 96

Well I will just use a simple supply/demand analysis, given that there is more supply of shares to the public, given the same demand, the price of the shares should go down. I do not understand where they will be able to find a place for the 2 Million shares, given that the average daily volume of late has been about 75,000 Todays 5 point drop off the high may be the price being moved to a point to where they can move the shares. Smith Barney is doing the secondary, so we can assume that they will be pushing the stock to some big clients. Bottomline a secondary puts out more shares and makes shares owned by current sharehold less common. Like baseball cards, if everyone can buy a Ken Griffey Jr, the stock is not quite so rare, who is going to up bid a stock if everyone can buy lower? Anyway the proof will be in the next few days, and I can hardly wait W