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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?


To: M. Ramle who wrote (2055)3/20/1999 11:13:00 PM
From: billy d  Respond to of 10280
 
Mazen,
I agree that the MM was taking in alot of stock on Friday. I followed trading most of the day and around 80% of the time(rough estimate) the bid and the ask shares were way off. Usually it is 10x10 but most of the day it was 10x1 or better. I saw alot of 20x5 and 15x1. To me, this was a bit out of the norm.

Usually after a buy the spread evens out but no matter how large the purchase the MM was still looking to buy more then he would sell.

I think next week could be quite interesting. These guys seem to be building a large inventory of SEPR.

Billy D