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


To: Tunica Albuginea who wrote (5401)2/10/1998 10:24:00 PM
From: Frostman  Respond to of 23519
 
Tunica, I did not watch trade activity today but the Worden TC-2000 BOP shows strong accumulation of VVUS. Yeah, the price got hammered a bit, but it looks like a significant number of folks are seeing VVUS as a buy situation. The previous seven trading days were a dog fight between distribution and accumulation (the winner by a nose.) Gary Baggs' TA work indicates the possibility of a further drop in price, so be it, my point is that some people SEEM to be viewing this as a VVUS SALE! like in the old days!

I like what you said about it not mattering much if you buy at 10, or 14, or whatever...the question is when to sell when VVUS hits 20.I sort of lean towards the buy at 10 part. <g> Fact is, the approvals are coming at Vivus like run-away freight trains. Freight trains, Tunica, woooo woooooooooooooooo.

Welcome new investors!

Frostman