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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: John J H Kim who wrote (5315)2/5/1998 12:25:00 PM
From: Frostman  Respond to of 23519
 
The spring is unwinding, volume already 65% greater than yesterday's close of 375K, should top 1M today.
Down? A quick trip around the block revealed, Dow off 50 points or so,
NASDQ flat, NO VVUS news, NO strong competative news, no upgrades or downgrades that could be in the mix IMHO, I didn't see the trade sizes that started this, but a bunch of 1K and under stuff is involved, once initiated..stop-sells get hit.. does this look like shaking out the weak hands? The traders will jump on the activity, should be an interesting day.

Sup?

Long VVUS,

Frostman



To: John J H Kim who wrote (5315)2/5/1998 1:09:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 23519
 
The bears are trying to come back John. They have a giant short position to defend. Remember time is against them. If they can't cover soon they'll have the ball pardon short squeeze of their life.
It always helps to remember that a giant short position is a good support to a stock's price because they have to buy the stock back.
Back tonite.

TA


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