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Biotech / Medical : Biotime-Nasdaq's best kept secret? -- Ignore unavailable to you. Want to Upgrade?


To: Wai-Shan Lam who wrote (867)4/29/1998 4:18:00 PM
From: Jim Roof  Read Replies (1) | Respond to of 1432
 
Let's all see where the close is today. I was in a rehearsal until 2:30 pm. Did it open at 8 1/2? If so, then one might see the positive in the stock largely trading up during the day. I really wonder about the market maker's actions on the day. Very curious that a re-hash of Asensio's long-held view (this is NOTHING NEW!) could take the open down more than 2 1/2 points.

On the positive side, the NASDAQ national market may have some trading regulations that could be of value. When I spoke to NASDAQ people a few month's back about Asensio and his non-disclosed slams they seemed to imply that the small caps were harder to police than the national markets. Let's hope my read on this was right.

Meanwhile, BTIM ask is at 10 near the close and this means that at least for now the long term support expected around 9-10 has held.

Jim