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


To: M. Ramle who wrote (2351)4/15/1999 8:31:00 PM
From: BMcV  Read Replies (1) | Respond to of 10280
 
Mazen, it certainly was a tough day today, especially when the mid-afternoon recovery failed and we dipped back to 91. Are we near the 200 MA? Last year we bounced off that very sharply and we could do that again. Nothing has changed with the company itself. It is hard to imagine a news leak coinciding with massive drops in a number of high-flying drug stocks (BGEN, PFE). isn't it?

good luck

Edit: just noticed all the form t trades were for 94+



To: M. Ramle who wrote (2351)4/15/1999 8:48:00 PM
From: AgFinder  Respond to of 10280
 
I shook out too large a proportion of my SEPR holding on the Allegra patent interference, and have regretted that ever since. I was so pessimistic that I didn't even load up when the price was 20, the last time SEPR traded below the 200 Day Moving Average for more than 24 hours. Lucky I still held a core. 200DMA dips have always been shortlived. I suspect you're right Mazen, regardless of the nasty looking chart. SEPR is always worth buying at the 200 DMA.

By the way SEPR has been trading lately, you'd think there was only a couple of drugs in thier pipeline with a massload of legal issues. While we know much about the "advertised" pipeline, there is still the pipeline beyond that has several interesting therapeutic themes including Hypertension, Breast and prostate cancers and anti-infectives (of particular interest is Lomefloxacin for TB).

Your muzings about option expiry make much sense, and I wonder whether some of yahoo thugs are in cahoots with the MMs (or the NY shorts). The tape is plain wierd. Often, I've seen large buys a point or two above the Ask, while there have been teeny sells below Best Bid, establishing ever lower price levels by triggering stops. Then when large blocks trade, as some have today, they trade at best Bid instead of a point or two below. Could these be deliberate short attempts at critical low levels ? In any event, as many have found, manipulating markets can be treacherous (Hunts with Silver, Sumitomo with Copper, OPEC with oil). An SEC examination of SEPR MM activities would be nice.

I was very pleased to see the SEC take action against a PairGain employee foisting fabricated news on the market. The interesting thing is that he used yahoo to post, yet was still identified to the authorities. So the ids on yahoo aren't so anonymous after all.

Good Luck to you,

Ag.



To: M. Ramle who wrote (2351)4/15/1999 9:21:00 PM
From: Bob Swift  Read Replies (1) | Respond to of 10280
 
Mazen,
A look at the chart suggest that there should be a sharp rebound tomorrow for the simple reason that nothing goes up or down in a straight line and be able to continue that way for long. By whatever standard, we have reached an oversold (way way oversold). Secondly,any fund manager worth their salt ought to be buying right now. Fidelity bought at a price as high as 131, what are they doing not buying at this level (may be they are)? Managers not buying at this level ought to be fired. If they are afraid, then they do not practice averaging in and just follow the herd! If they think SEPR is now dead meat, they ought to have done their DD before buying a few weeks earlier. Either way, they should be fired if they don't buy now.