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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID -- Ignore unavailable to you. Want to Upgrade?

To: contrarian who wrote (1489)2/24/1998 4:51:00 PM
From: Roudy  Read Replies (1) | Respond to of 1762
 
I'm waiting for a response from IR. However, my thoughts are whenever you have a secondary or convertible offering the stock tends to stagnant or go lower. Usually, lower. Consequently, it throws a big red flag up to lighten up or for shorts to pile on. I think with todays volume we are seeing both. For those taking long positions, the up coming weeks could provide some buying opportunities. IMO, Don.



To: contrarian who wrote (1489)2/24/1998 10:34:00 PM
From: DZOO  Respond to of 1762
 
At first glance it seems dilutive and thats not good for longs. But if they need cash its one of the cheaper ways to raise it.


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