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

To: 4 - Bob who wrote (7150)4/16/1998 3:20:00 PM
From: AlienTech  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.<<

No we did not see no such thing. Since it happened a few days ago and it just showed up when the last of the shares were distributed. The charts does show that we went into distribution a few days ago when it went below 10. I hope the MM's are not holding out any more blocks right now. Tomorrow will tell, If the price still falls then there a few more blocks in the pen.



To: 4 - Bob who wrote (7150)4/16/1998 6:01:00 PM
From: VLAD  Read Replies (1) | Respond to of 23519
 
Bob,

The large block trading is a good sign. Many large funds have rules that they can not hold securities under $10/share. Smaller funds are picking up those blocks you see traded. Now that the big fund selling is over, you can expect to see a bottom. I don't think we will break todays low of 8. The price is getting very attractive to the small to mid cap fund managers--they will buy and hold for the long term.


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