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


To: EyeDrMike who wrote (7443)4/25/1998 1:27:00 PM
From: bigg e  Read Replies (1) | Respond to of 23519
 
Dr.M...Word on the street per a PW broker was to hold for Monday. Why he wouldn't/couldn't say. I realize most here are in for long term which is the play, but the price movement and volume has attracted a new horde of traders and momentum players that will cause these large intraday swings. Technically, my broker was bullish on a few indicators. We closed above the 100day MA on high volume. He also believes we haven't seen a short squeeze as of yet. Some covering yes, but not a squeeze. Some resistance in the 14.5 to 15 range but after that should fill the gap into low 20's that occured last DEC. Cheers.