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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis who wrote (2954)11/28/1999 7:56:00 PM
From: Harold V  Read Replies (1) | Respond to of 3414
 
Dennis, Thanks for the specific information on fund ownership of PLMD. My chart of PLMD indicates that it's oversold. We saw low volume last week that pushed down the price per share considerably below any past week's record of share price/volume action. It appeared to me that someone or someones are trying to short PLMD by selling shares below the bid all day long and making sure that the lowest bid for the stock was the last sell of the day. Looks like they're trying to scare holders into selling. I'd like to see others comment on the price pull back. I'm guessing that even one well-healed fund could make a bundle off the shorting that appears to be going on. Let's hope PLMD makes a significant turn around in the weeks to come. Harold V