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Biotech / Medical : Depotech(depo) -- Ignore unavailable to you. Want to Upgrade?


To: Czechsinthemail who wrote (409)12/12/1997 5:40:00 PM
From: chirodoc  Read Replies (1) | Respond to of 887
 
<<<<<<Some may be waiting out the approval just to make sure before jumping in on an incredible value.

.......i agree. the funds, if any jump in, will dramatically change the volume and price. assuming ODAC approval occurs the managers may feel a bit more likely to step up to the plate--a co. with slim likelihood of approval does not go over well on wall street--that should change soon--i hope.

......but i do think that, assuming approval occurs, they could eventually see this like a sepracor--a company that modifies existing drugs rather than invents them--reducing investment risk. and the lack of asian exposure won't hurt.



To: Czechsinthemail who wrote (409)12/12/1997 11:27:00 PM
From: Cymeed  Respond to of 887
 
Re: Recent Depo Stock Price Weakness - Guessing Games

1. Stock failed the $15 5/8 resistance, waiting for positive news to re-try; We all know what that news would be.

2. General market weakness, people caught in margin call etc.; have to sell something otherwise going to jail.

3. My suspicious mind also tells me that the MMs are probably trying to weaken the stock price on purpose and accumulate shares for their major clients just before the break-out.

4. No body knows what will be the direction next week - the big week.