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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: BARRY ALLEN who wrote (1861)12/10/1998 11:33:00 PM
From: Joe  Respond to of 4140
 
BARRY

That data is a little old by the time we see it. I think the November report is generated from reports by NASD members made on November 9th.

It is possible that somehow a large short learned of the S&P pick before it was published and started covering the Friday afternoon we had such a large increase in volume. That was the day the private placement press release hit before market and had no effect on volume in the AM.

I agree that next week could be explosive. If we see both the PMA news and the Business Week reporting of the S&P pick, look out! It is hard to imagine someone with a large short position not diligent enough to cover by now.

Joe