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Biotech / Medical : Vivus: into single digits -- Ignore unavailable to you. Want to Upgrade?

To: Bill Fischofer who wrote (721)	7/18/1998 1:14:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 1016

>>there is nothing sinister at work here. This phenomenon happens to the vast majority of stocks on options expiration. It is, in fact, the way options work. << Well if it was not for the 100k shares dumped yesterday in the last 15 mins I would think other wise. And another stock I was watching JBL was trading for 32 for the past 2 weeks, all off a sudden it spikes 4 points. closes at max pain. PMCS breaks suppoer at 40 1/2, goes to below 38 but then closes towards 40. Since its intresting that 6 million shares traded for it to drop to 38 and it went up to close at 40 which is intresting as well.. You can call it what ever, pinning the strike, manipulating the price so the options expire worthless etc, But it sure does not look like a natural progression of things.