SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?


To: quidditch who wrote (2297)4/14/1999 1:17:00 AM
From: M. Ramle  Read Replies (1) | Respond to of 10280
 
Steven:

The MM knows that his tactic won't fail because he realizes that the float is very small and that institutions continue to buy in whatever large blocks they can find available. That is why these blocks are normally sold at about $1-2 above market trading prices. Furthermore and with the lack of any substantiative news, the MM has a couple of days to exercise his gimick. Let's watch the activity between tomorrow and Friday. Good Luck.

Mazen