SI
SI
discoversearch

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.
Biotech / Medical : Neurocrine Biosciences (NBIX) -- Ignore unavailable to you. Want to Upgrade?


To: Torben Noerup Nielsen who wrote (398)1/4/2000 3:28:00 PM
From: Torben Noerup Nielsen  Respond to of 1834
 
How can so much downwards movement occur on so little volume? I'm sitting here and looking at it and it is being taken down steadily on no significant volume. Most of the volume for today occurred at much higher levels. Does anyone have a rational explanation for this?

On top of it all, I keep seeing very small bid/ask sizes. Yet I get fills almost immediately on orders much bigger than those sizes. And they are *not* partial fills. Strange.

Thanks, Torben



To: Torben Noerup Nielsen who wrote (398)1/4/2000 3:33:00 PM
From: WTDEC  Read Replies (3) | Respond to of 1834
 
Torben,

NBIX has had quite a long run with many of us on board for some time now. I, for one, am holding tight for the long term (which is my style). I do think the recent string of strong buy recommendations are well deserved and seemed to have positively impacted the market price early yesterday and again this morning.

IMO, the rapid run up attracted momentum players, who, seeing the overall market decline, are now bailing. Please don't stop buying 8-)

Best regards,

Walter