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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: William L. Molair II who wrote (5202)12/29/1997 1:16:00 PM
From: aknahow  Read Replies (1) | Respond to of 17367
 
William, sorry I forgot to mention I was talking about The Motly Fool on the internet. Am sure the paid for aol message board is even more active, since the free aol is very dead!<g> However, I have begun to post there also and have found value in post by others. Was unaware of the Taipan meeting and at first did not believe it.

Yes, all things are relative and you may be right in any case. I think that even a fund would end up buying in blocks of 10,000 since there is not that much liquidity in XOMA. I do think that individuals are able and do buy $50,000 of stock at a time but many owners of 1,000 or 3,000 shares holding a stock for the longer term can IMO create a very solid base, and as important provide knowledge that others who may hold more shares might not have.