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


To: Curtis Frazier who wrote (20241)4/2/1999 8:53:00 AM
From: Zebra 365  Respond to of 23519
 
<<You know what worries me about this stock? It was the trading today. I noticed very early the morning, while the stock was doing pretty good, the bid size and ask size were way out of whack. I kept getting quotes like (bid size 1, ask size 70). Even after a few buy trades went buy, the bid size was always lower than the ask.>>

If you notice on March 30, there was heavy buying in large blocks at 3 5/8 (or it may have been the 29th) I think what you were seeing yesterday may have been an attempt to "juice" the stock down to 3 5/8 by putting in large "all or none" offers at lower and lower prices. Of course once they get close to filling the order, it it is canceled, so you never see the large blocks trade.

Just IMHO, there are different ways to interpret the same data.

Ahh the NASD.

Zebra