SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (10688)7/7/1998 8:17:00 PM
From: Mark A. Stang  Read Replies (3) | Respond to of 23519
 
Short Covering--

I sold today for a nice profit at 8 15/16. I would love to see VVUS continue a big run-up, because my best friend is still long.

But a word of caution from a long-time VVUS investor. Don't get over-exuberant. I was last Fall, rode up from 27 1/2 to 41 7/8 and down again.

Obviously a short or several decided to cover in the last ten minutes, not wanting to hang in there over night because of possible news tomorrow before opening bell. If there is no new news, will the shorts who toughed it out over night rush to cover in the A.M.? Hope so for my friend, but we'll have to see.