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Biotech / Medical : sciclone pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: JEB who wrote (868)8/19/2001 9:35:54 AM
From: Captain Jack  Read Replies (1) | Respond to of 1137
 
JEB-- The 'fund' guys are not permitted to buy penny stocks by their charter,, Most of the time they are limited to issues over $5 or higher. They also want to see some space under their buy limit. Additionally, as the buy so much-- LOL,, 1MM shares of scln is pocket change,,,,, they REQUIRE vol to get in/out without moving the price against themselves. Few will ever see a co with less than 100K avg daily vol ever hit their search screens and most want more than that!
"Gets back to how you are judged by the community." can not be all detrimental. If the 'value' guys thought there was reason,,,,,, They are far from #1 in that group also... I'll add a bit more @ 3.51