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Biotech / Medical : Neurobiological Tech (NTII) -- Ignore unavailable to you. Want to Upgrade?


To: Craig S. Owens who wrote (528)4/29/1999 5:10:00 PM
From: Dr. John M. de Castro  Read Replies (1) | Respond to of 1494
 
The increase in the ask from 13/16 to 1 1/16 without the bid changing and without any trading suggests that the MMs are short and are covering. They are trying to acquire shares and are discouraging any buying. Don't expect to get your 3/4 shares until the MMs have covered. I'm not sure how many shares that they are short, but that huge bid ask spread is a clear message that they don't want to sell any.

John de C



To: Craig S. Owens who wrote (528)4/30/1999 7:59:00 AM
From: BRAVEHEART  Respond to of 1494
 
Hi Craig,

It looks like the M&M had a dental appointment in the afternoon. Let's hope he got enough pain killers to keep him in a good mood... : ) Good luck with the order.

Jeffrey