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Biotech / Medical : VISX -- Ignore unavailable to you. Want to Upgrade?


To: Toby Zidle who wrote (717)10/12/1998 8:30:00 PM
From: yosid  Read Replies (2) | Respond to of 1754
 
With the kind of price history we see in these laser stocks, it is almost impossible for shorts to stay out. When you have predictable price changes it draws shorts like blood to sharks. Take a look at the dives off the highs for Visx over the last 8 months. Until the pattern changes, you can anticipate the shorts will show up.
As for the laser centers, look at the prices over the last ten months. The more procedures they do, and the closer they get to a positive net, the more the price falls. I'm almost afraid of anymore good news.