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

To: Vector1 who wrote (5266)9/9/1998 11:54:00 AM
From: Intel Trader  Read Replies (1) | Respond to of 6136
 
I'm out of AGPH as of this morning with a 4 point loss. I sold because I think we are near the top of the new trading range, and because I believe the market will drag AGPH south again. I don't think we will see a rebound in the general market until the Presidential problems are resolved (ie President Gore).

Here's wishing everybody the best,

it



To: Vector1 who wrote (5266)9/9/1998 12:01:00 PM
From: Steve Fancy  Respond to of 6136
 
Looks like short covering. Options activity doesn't support the theory that something more exciting might be going on. We'll know next week as NASDAQ short interest figures are released. Appreciate any other potential explanations that may be floating around out there. I sold 1K shares at 24, will be selling calls against another 1-2K shares today.



sf


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