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Biotech / Medical : IGEN International -- Ignore unavailable to you. Want to Upgrade?


To: James Perry who wrote (316)4/11/1998 2:24:00 PM
From: James Perry  Respond to of 1025
 
I don't really care to amend my last statement. I will continue my IGEN holdings as they are. Yet, from watching the trades, I can see more consolidation going on now. For a few days, the volume of sales has been maintained without pushing up the price, and even allowing the price to fall a little. Intraday, you can see the price move up and fall back, so I certainly am not suggesting that the ride is over. But we are seeing days with as much as 200,000 shares traded, without disruption of the price. In the past, such a day would be good for 2 or 3 points of price increase, so there are people making sell decisions to grab their profits. Lets hope the future shows them to be as wrong as I think they will be.