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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: 777 Captain who wrote (19838)3/18/1999 3:06:00 PM
From: VLAD  Read Replies (2) | Respond to of 23519
 
Captain,

We have a 200 day moving average just under 5 and our old major support level of just under 6 as the next major technical resistance point. If we can make a nice sharp move to above 6 and close above 6 then technically speaking it will clearly be a green flag that the stock is officially on the road to recovery. At that point expect the institutions to start jumping back onto Vivus.

Remember this is not some POS internet pipe dream momentum stock. Vivus is a real stock with a real product that is just now starting to get marketed and sold in the real market.

The big money shorts/hedgers/market makers know all to well the dangers of momentum and we have not even begun to become a momentum type of stock as we were in 1997. If Vivus keeps releasing the good news over time in bits and pieces we will suddenly realize that we will not only be owners of a real stock but also a stock that has momentum behind it which IMO is more important than reality and FA in this market!