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Biotech / Medical : AtheroGenics, Inc.{AGIX}-nasdaq -- Ignore unavailable to you. Want to Upgrade?

To: sim1 who wrote (36)	5/17/2001 5:41:41 PM
From: keokalani'nui	Respond to of 332

A conference call to discuss top line data is announced on a Thursday morning to occur Monday before the market opens. The stock spikes up on considerable volume. This sounds promising. Am I drawing the right conclusion? For if the results were bad: 1. Such results are almost always known and stock would have been sharply weak recently, much less up on strong volume. 2. Companies generally announce bad news differently, by disclosing bad results in a surprise PR followed immediately by the CC so fewer people can attend. 3. Companies do not provide 2 trading days within which shorts might discover bad news and take advantage of their shareholders. 4. People like to hold onto good news and get rid of the bad immediately. Wilder, being optimistic. (If there are no cross-reactivity/tox issues, agix may have something good here.)