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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS) -- Ignore unavailable to you. Want to Upgrade?


To: BulbaMan who wrote (151)3/30/2000 6:00:00 PM
From: tuck  Read Replies (1) | Respond to of 1833
 
BulbaMan,

Of course not. With the float so low, any such move would move the price too much for mass dumping. But selling it in dribbles is possible and also prolongs the torture. Even knowing BMS' cost basis doesn't really help, as this is a puny enough investment that BMS could just write it off without bothering its shareholders much.

Still, the bloodbath should be about over, and an entry point with reasonable risk/reward charecteristics should present itself soon.

Cheers, Tuck