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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (221)6/30/2001 7:41:18 AM
From: dalroi  Respond to of 1005
 
Tuck,

was trading npro/pozn/dpii/telk during the day.
However due too the sharp rise in price
dpii went to 5.49 , i sold them all.
then i thought the game was over , just reentred last 10 min
SHEEEEEEEEEES
so dumped all strongly risen stock , even some core positions and started to nibble on kosn , caution however !

Friday was definetly NOT a normal day

cheers
Stefaan

planning to get more NPRO DPII TELK POZn KOSN CIPH PTIE BCRX VGNX when they correct.

think A BASKET off BLEU stock is worth the risc

however this is definetly NOT the good pater familias portfolio (whatever thet may be)



To: tuck who wrote (221)6/30/2001 3:51:22 PM
From: hmpa  Respond to of 1005
 
Re. DPII trading
Yahoo! Message Boards: DPII
ridiculous tape painting
by: frag_bug 06/29/01 07:21 pm
Msg: 126 of 127

for 5 pm close today
17:13:31 5.250 1500 Nasdaq-NM
17:12:34 5.250 500 Nasdaq-NM
17:00:02 4.500 1000 Nasdaq-NM at Bid
16:57:02 5.300 900 Nasdaq-NM at Ask
16:56:51 5.300 1000 Nasdaq-NM at Ask
16:39:58 5.490 500 Nasdaq-NM at Bid
16:26:35 5.490 1000 Nasdaq-NM at Bid
16:11:45 5.500 3000 Nasdaq-NM at Ask
16:08:08 5.500 600 Nasdaq-NM at
Obviously, the days' and quarters' closing price is $4.50...



To: tuck who wrote (221)6/30/2001 4:41:08 PM
From: smh  Respond to of 1005
 
<Well, well. BLUE HP manager quit after that last post, thinking those wacky numbers were just the systems catching up. Hadn't heard about the extension.>

Tuck, I saw your post yesterday and almost responded with a smarta-- "it ain't over" comment. It never dawned on me that you were unaware - sorry!

I was watching the market all day and had CNBC on. I think it was about 2:45 or 3:00 when Costello announced the NAZ was down and had been from about 2:30. About 3:30, I think, he announced that NAZ trading would be extended to 5:00 and they were going to try to come back up at 3:45. As reported it apparently took two or three attempts to get the system going, but they were up shortly before 4:00. I could definitely see activity. As 4:00 passed I was pleasantly surprised to see my streaming/level 2 still going. Further, I had a normal market order fill at 4:10 and I then placed an order which was accepted as a valid order, so I thought I was a player. A few stocks started inching up, but nothing extraordinary happened until about 4:50 when prices on some issues started jumping. I started punching in sell orders as fast as I could at that point - all to no avail as they all went into a "held" status.

At some point Costello came on with the NAZ CEO who confirmed that about half of the trading channels to the NAZ went down after 4:00. The most unusual thing I saw was with CVAS. It had spiked to 13 at about 3:00 and fell back. Then as 5:00 approach it jumped to something >14 and then to 17.99, but closed at 11.78. Some sites show the daily range from 11.12 to 19.99. I didn't see the 19.99 trade, did see the one at 17.99. Can't find any charts that show what happened between 4 and 5:00.

There was definitely some strange stuff going on. I can't believe some of these closing prices are "real". In suspect you are on to something with respect to playing the open on monday morning.

SMH