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


To: VLAD who wrote (7129)4/16/1998 3:17:00 AM
From: AlienTech  Respond to of 23519
 
Well it looks like the FUD aint done yet. I saw a few blocks which were on the sell side. But the main problem is all the small guys selling 100-400 shares bailing out. And theres a LOT of churning between the MM's, Real number of shares traded prob less than 100K, Small guys dumped about 20k in 100-400 share lots.

Just look at this one from 11:16
Ask 8 3/4 for 1000 , Bid 8 15/16 for 5000 shares
8 3/4....3000 share trade
8 7/8....4000 share trade
8 11/16..4000 share trade
8 11/16..4000 share trade
Ask 8 3/4 for 1000 , Bid 8 15/16 for 5000 shares
So there was a trade for 15000 shares but you and me did nto even get 1 share in there.
Then almost 50k shares churned with 5k or so of small trades going through and at 12:31 this 5000 sell @ 8 15/16 is still sitting there.
But the price has dropped to 8 13/16 in between.
Nice racket, maybe we should all go in and start shorting too.. Drop the price and then cover.



To: VLAD who wrote (7129)4/16/1998 3:13:00 PM
From: 4 - Bob  Read Replies (2) | Respond to of 23519
 
Did anyone notice these trades today? A 320,000 block at 8-1/4 at 15:06:54 and the 285,000 block at 8-5/16 at 15:06:57.

Live Long & Prosper,
4-Bob