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Biotech / Medical : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?


To: GregSL who wrote (2735)11/27/1998 9:39:00 AM
From: shero  Read Replies (1) | Respond to of 3702
 
Herzog is a very well respected trading firm. One of the few trading firms that is a NYSE member. Therefore they get a great call. If a Merrill Lynch has a choice of firms to go to to exercise a "retail" order they go to the member firm.

Herzog, at least on the TCLN line has been bashed. It seems that the S-3 group shorted TCLN through HRZG to unload their position. I can't prove anything one way or the other but it seems so obvious that I won't argue the point--when one deals with fanatics like TCLN shareholders mere circumstantial evidence is enough to convict and death by mooli, mooli is mandatory.

Anyway the question is was HRZG involved in a conspiracy to force the price of TCLN down or was the trader at HRZG just executing orders? I won't get into that either.

The decrease in HRZG's TCLN volume suggest that most of the volume attributed to them was from the S-3 group, and they a long gone.

Now we just have to get through tax selling season. I can't wait to see the published results of the TNT phase 1 trial and to see if Dr. Thorpe manages to invoke the name of TCLN into every sentence of his presentation in London.