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Biotech / Medical : Agouron Pharmaceuticals (AGPH) -- Ignore unavailable to you. Want to Upgrade?


To: Steve Fancy who wrote (5177)8/19/1998 11:48:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 6136
 
Steve --- you are correct,,, strange action on a single upgrade. Would like to see more volume today and a hold at 26. I do not think there will be much of a retreat from there. Still looking for some news --- maybe something good is coming.... until the upgrade the shorts had no reason to cover,,, that could explain the UPtick on low volume.. no one seems willing to bail at this low level...



To: Steve Fancy who wrote (5177)8/19/1998 1:30:00 PM
From: sam  Read Replies (3) | Respond to of 6136
 
From what I understand (and take this for what its worth) Bear Stearns has been somewhat 'bearish' on AGPH. I suspect this upgrade is a reaction to the takeover rumors I keep hearing, but in which I put little credence.