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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Bluegreen who wrote (5827)10/29/1998 1:52:00 PM
From: Rocketman  Read Replies (1) | Respond to of 9719
 
XOMA definitely has a rally going. I wonder what's up??? Volume is big enough on no news that I would figure that one entity is accumulating stock. If that is the case, once they've filled their orders, I would expect the volume to plummet along with the price. If there is news coming out soon, I would expect some insider trading investigation.

Ribogene (RBO) took off big this week too.

I'm not much of a momentum investor though, I figure by the time I notice it going up, it is too late and a suckers bet to try and grab the coattails. I'd be more inclined to short it when it stops the momentum and volume drops and ride it back down.

Rman



To: Bluegreen who wrote (5827)10/29/1998 3:37:00 PM
From: Rocketman  Read Replies (1) | Respond to of 9719
 
Today's Stock Market Report:

Helium was up, feathers were down. Paper was stationary.
Fluorescent tubing was dimmed in light trading.
Knives were up sharply.
Cows steered into a bull market.
Pencils lost a few points.
Hiking equipment was trailing.
Elevators rose, while escalators continued their slow decline.
Weights were up in heavy trading.
Light switches were off.
Mining equipment hit rock bottom.
Diapers remained unchanged.
Shipping lines stayed at an even keel.
The market for raisins dried up.
Coca Cola fizzled.
Caterpillar stock inched up a bit.
Sun peaked at midday.
Balloon prices were inflated.
Scott Tissue touched a new bottom.
And batteries exploded in an attempt to recharge the market.

(Thanks to Craig Trim for sending that one)
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