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


To: Joe Reich who wrote (21380)4/26/1999 1:03:00 PM
From: VLAD  Read Replies (1) | Respond to of 23519
 
Joe,

Let me tell you a little about CRUT.....most of their clients are institutional buyers eg mutual funds investing in small cap promising biotech stocks. As I understand they already have a lot of clients holding a ton of Vivus well above 10. If new institutional buyers step in now and accumulate from 4 1/4 to above 5 and if we close above 5 for 3 consecutive trading days, new fundies will start buying looking for value buys over $5/share.

The shorts know this and so do the mms who have been shorting our stock. They can't fight this forever. Once we hold over 5 and break 6 there is no serious resistance until 10. If the news starts flowing in our favor and we break 10 look out above because there is no serious resistance then until the 14 to 15 1/2 level. If we beak and close above 15 1/2 then you will see the meaning of a true short squeeze as we run quickly above 20.

TICK TOCK TICK TOCK TICK TOCK........