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Biotech / Medical : Arterial Vascular Engineering AVEI -- Ignore unavailable to you. Want to Upgrade?


To: Walk Softly who wrote (161)4/25/1998 3:49:00 AM
From: Goolie2  Read Replies (2) | Respond to of 410
 
"Goolie... don't normally respond to those that don't identify
themselves.... "

Craig, I have been using my "Goolie" screen name for several years in posting on other investment sites, so I want to be consistent. For all you know I can be John Goolie Jr. so what difference does that make? I don't know you from Adam.

"however, got to disagree... this volatility is the
hallmark of professional accumulation....."

Volatility is also the hallmark of professionals exiting a stock as well. Usually selling pressure on big volume is a sign of distribution, how else would a stock act if institutions were exiting? I think it is pure folly to rationalize that a group of market makers are rigging a stock because your position is going down. If the stock was completely healty, there are plenty of hedge funds that would love to squeeze the sellers if everything was rosy.

I don't disagree that the company fundamentally looks spectacular, and I even retained a portion of my long position. But I wouldn't be surprised if some negative announcement is comming as the price action is suggesting to me.

Good luck,

Goolie