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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Dave who wrote (49085)6/4/1999 11:45:00 PM
From: Mark_H  Respond to of 90042
 
Thanks. The stock took a nose dive yesterday (Thursday)and I'm not exactly sure why. ANIK tried to get FDA approval last year for a product similar to Synvisc and the BXM stock dropped below $25 and I was able to get back in around $28 (pre split). The FDA did not approve ANIK's product and BXM recovered nicely. The drop yesterday was unexpected and I thought if you followed the stock or similar biotechs that you might know of something going on in the arthritis drug area.