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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Bud K who wrote (26554)5/26/2000 12:58:00 PM
From: If only I'd held  Read Replies (1) | Respond to of 57584
 
PGNX..There is a real good chance a large seller is being liquidated for margin reasons. Hard to say. They are sitting on around 66 million dollars 1/2 their cap, but it appears that they now need to use their own cash to complete trials. I have taken some nice scalps on it...but I am flat and just watching for now.



To: Bud K who wrote (26554)5/26/2000 1:38:00 PM
From: If only I'd held  Respond to of 57584
 
I think lots of folks might be getting liquidated out or PGNX today....and no doubt Robbie Stephens is using the stock to cover...afterall, he recommended a buy, so it's most likely he is short.


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