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Biotech / Medical : AMLN (DIABETES DRUGS) -- Ignore unavailable to you. Want to Upgrade?

To: Jonathan M. Traxler who wrote (1493)10/21/1998 2:39:00 PM
From: wolfdog2  Read Replies (2) | Respond to of 2173
 
Jonathan, there was a dead cat bounce. In early trading, the stock sold as low as 1/2. But within one-half hour, it was trading at 15/16. At that point you probably could have sold for 7/8 which if you do the calculations is 75% higher than the low. That, my friend, is a dead cat bounce.


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