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Biotech / Medical : T/FIF, a New Plateau -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (1715)2/25/2003 12:16:59 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 2243
 
Dendreon/Corvas......

Important day for biotech. The opportunistic grabs are falling out at a good pace.

This is a very good thing, whether or not Corvas science has found an optimal home. The little companies that struggle along with discounted private offerings, diluting faithful (and most often naive) shareholders? If this merger mania continues, they'll finally stick out like sore thumbs. If they have something real, they'll get picked off or continue to struggle along with the discounted placements. If they don't have something real, perhaps they'll finally go poof.

Companies are grabbing discounted cash that is not encumbered, non-convert companies. But why wouldn't a company with a promising late-stage candidate -- a company that has TRUE confidence in reaching market -- grab the discounted "convert" companies?

I'm assuming, but do not know, that a VPHM-like clause is shared by other convert placements, that there is no acceleration in a stock-for-stock deal. Please tell me if I'm wrong.

But, avoiding that particular question...... Arena coming soon?

Please start yacking, folks! Thanks.

And, BTW..... I still haven't made those revisions to "2001" that I've promised to make since last Fall.

:-)



To: scaram(o)uche who wrote (1715)2/25/2003 12:40:50 PM
From: jayhawk969  Read Replies (1) | Respond to of 2243
 
OK,
I am a fan of Schwab for their good service. They even credited me real money on a slow execution last month when Street Smart Pro was on the blink. My only targets now are that they total my trades in 5 accounts rather than treat the accounts individually, and I want the same trade price on less than $1 stocks. Trading KDUS(past) and BTRN has been costly. The current platform is a good one. I will pay my 1 cent a share (1500 shares or more)on the trades I do for what they provide in return.



To: scaram(o)uche who wrote (1715)2/25/2003 12:58:23 PM
From: Sultan  Read Replies (2) | Respond to of 2243
 
If you have 1 order of say 5k to 10k shares of any security (there is no restriction as far as I know of number of shares) for a limit price and if they have to fill in smaller chunks through out the day, it is still considered one trade 'as long as it is a day trade' .. If they have filled your order partially and if your expiry of the order is next day or a future date, then following day it will be considered a separate order and hence another 11 bucks..

Best to enter day trade at limit for all the shares you want.. Of course for a illiquid stock that might be difficult..

If you enter many smaller orders to assemble your position then needless to say each order is 11 bucks..

edit.. FWIW, I am presently trading with interactivebrokers.com.. Their commission rate is reasonable (.005 share for up to 500 shares or minimum of 5 dollars or .01 over 500 shares) but am also in process of setting up an ameritrade account.. For trading pennies, these two outfits seem to be best in terms of commission..