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Biotech / Medical : Sugen (SUGN) -- Ignore unavailable to you. Want to Upgrade?

To: Rick Coker who wrote (371)4/5/1999 12:40:00 PM
From: GregSL  Respond to of 550
 
Don't know about manipulation, but the first trade this morning was a block of 43,000 at 1/4 below the bid.



To: Rick Coker who wrote (371)4/5/1999 12:48:00 PM
From: StockMiser  Read Replies (1) | Respond to of 550
 
Considering how many people loaded up on this stock over the last 2 weeks EXPECTING a huge pop today....I'm not suprised at all.

No manipulation that I saw. I just saw lots of dumping by daytraders and short-termers.

I agree 100% that the report was positive - but it wasn't earth-shattering. It failed to bring in enough buyers to offset all the sellers today.

It's funny how sometimes the anticipation leading up to these things out-performs the actual event.

SM



To: Rick Coker who wrote (371)4/5/1999 1:22:00 PM
From: LLCF  Respond to of 550
 
< Makes me think some serious manipulation of the stock price is going on. >

makes me think there are tons of .com types that "puffed in" and now are all selling because they arent real investors. Also biotech holders that know the whole story and know it is "fluff" compared to where it was trading before.

DAK


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