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

To: tom pope who wrote (9554)11/23/2003 6:41:19 PM
From: tom pope  Read Replies (1) | Respond to of 52153
 
Just pulled the RIGL chart - Garren exaggerates a bit when he suggests that trades of "only a few thousand shares a day" is common. That was certainly the case until March (when many good things started to happen to a number of our stocks), but volume has picked up notably since then. 60 day average is roughly 100k, so a buyer won't necessarily be caught in a liquidity trap.
Since I haven't followed it, don't know how the bid/ask looks intraday.


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