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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (5475)9/4/1998 2:51:00 PM
From: Dauntless  Read Replies (1) | Respond to of 7041
 
Linda - A matter of interpretation

Here's what you said to Platter in #5471

<<ZONA's volume didn't dry up; it never had much.>>

Then you say to me in #5475

<<I said that the volume isn't unusually low for this stock, and it is not. MORE days are like this in volume on this stock than high volume days.>>

Check out the 100 day chart -

exchange2000.com

Since mid-July (looks like 7/17) the price has fallen from the low 20's - on NOTICEABLY (to me anyway) lower volume. I don't know how SI calculates the average volume figure that they show on the bottom of each message page, but it says 267,000. Prior to 7/17 there were lots of days above 300,000 - since 7/17 there has only been one.

Check it out - volume was MUCH higher at the beginning of the graph - numbers don't lie.