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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (3293)4/2/1998 5:25:00 PM
From: Dr. Voodoo  Read Replies (1) | Respond to of 7041
 
Regards the purchase of almost a million shares-that figures between 10-20 million $$$(closer to 20 million). I'm having trouble with that math.

Also, if they spent all of their money,(10 million or so?) the stock should sink like a stone? Or did they spend more than their 10 mill?

Also, from the article someone posted the other day ~40%-60% of the volume is MM action. Driving the price up at the end of a day on little to no volume when done by MM is called painting the tape... Sometimes they get caught and get in big trouble, but with this stock who cares about trouble?

If everybody(PFE and ZONA) gets approved sooner or later everything will settle into a market share, I don't buy the one use theory. People don't work that way. People will try almost everything and figure out what's cheapest and works the best for them. No speculation as to what that answer will be.

Rob