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


To: RumKola who wrote (5973)3/18/1998 7:06:00 PM
From: VLAD  Read Replies (3) | Respond to of 23519
 
Good to hear someone has patience. DR BOND says the tape doesn't lie and that he was giving vivus only one more month. But I would say that the tape doesn't lie in terms of what the MMs are trying to do to the stock and what their motives were. For example in '96 the shorts knew that Presteck was an over valuated joke at $100.00/share and thought that shorting at that level was easy money. So what did the market makers do? They run the price up to $200.00/share just to squeeze out the shorts and steal all their money. Then the price goes down quickly to $40.00/share. The tape doesn't lie and what it told me was that the market makers are nothing but a bunch of thieves. When I day trade I often preference market makers but don't get my trade executed or get declined when the market maker is still sitting on the level II screen. This is illegal but do you really think the NASDAQ regulators give a shit? I think that with Vivus the market makers saw a bunch of little guys long well above 20 and pulled the rug out from under our feet so that we would sell our stock back to them at prices much lower than we paid. Its pretty obvious that Vivus is way under valuated at $11/share just as Presteck was way over valuated at $200.00/share. Can you justify a >50% drop in price (thats after the price already went down 50%) because the company announces that it thinks there will be a 25% production shortfall in one quarter. Can you justify the stock being less than $2/share over its 2 year low when the company now has an approved and proven product that still has good growth potential? Yes Dr Bond the tape doesn't lie as to what the market manipulators are attempting to do with the stock you bought based on sound FA. It goes something like this: I sell the stock high to you, then drive the price down much lower and then you sell it back to me at a much lower price. This is how your money is legally stolen in America. Once all the little guys give up and sell (and it appears to me that the institutions/MMs really want to shake off as many of the small leafs from the vivus tree) then THAT IS WHEN THE PRICE WILL DEFINATELY CLIMB BACK UP to fair value. It is the MM who should be getting sued and not the company. What is wrong with selling your stock at a much higher price than what you paid for it. Also I'm sure that many of the manager's have low priced options so why not sell high and then take your profits and buy low on your options. Corporate executives do this all the time. Looking at the lawsuit statements I see nothing of substance and saying that management was hiding and storing product is a bunch of BS. Vivuses lawyers need to get the tape of Wilson when he was on CNBC last summer. They will see a guy who is stressed and upset because his company could not produce enough product--certainly didn't look like a guy who was hiding inventory in a truck in his back yard. Anyway, hang in there guys because the tape doesn't lie and it tells me what is being done to the stock today but it won't lie as when we look at it late this year. Dr. Bond will then know how to "read into" reading the tape. By the way Dr. Bond, how soon do they publish the script numbers for week ending March 13th? If you have the data can you please publish it ASAP. (I don't mean to critisize you Dr Bond and I DO appreciate your contributions to this thread--thanks). VLAD