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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (2427)9/27/1998 7:53:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 7247
 
I'd love to see teams of thousands from the SEC go out and investigate unusual Option and stock activity for the 30 days prior to announcements and have a few key employees (hopefully management) spend a few months in the Federal Funny Farm. That ought to put somewhat of a lid on it. Too bad it won't happen.

In light of this point of view, do you have an opinion on the ASND/LU issue? Is the slumping stock an indication LU will NOT pick ASND; or is this just a reflection of the uncertainty over the pick and selling to avoid being in the stock for the moment of truth? (That's what I did: sold 2/3 of my shares to avoid bad news when I saw the stock have difficulty getting to 50 then starting to slump.)