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Biotech / Medical : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?


To: Alys Hall who wrote (1120)1/22/1998 8:15:00 AM
From: EZLibra  Read Replies (1) | Respond to of 3702
 
It looks like The Great Prevaricator has finally been caught and local politics here in Washington have occupied all my attention lately. Pardon me.

As to the price of TCLN the gang of S-3 will force Techniclone down as long as it doesn't cost them much. Yesterday a well timed short sale of 15,000 from scuzzy GLDS knocked the bids out and then shill #2 was placed at $1.25. Ensuing buys seemed to dance around the offer, probably cleaning out inventory. It really doesn't matter. The pressure should step up a little on the 25th (?) when the daily conversion discount rises to 20%.