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Re: MyHunch post# 56636

Wednesday, 12/18/2002 9:18:34 AM

Wednesday, December 18, 2002 9:18:34 AM

Post# of 704019
Recent market reaction to good news in the BIOS has been underwhelming generally. At some point I expect a bio pump to begin and this will cease, but excellent news on MDCO led it to peak at 17.80 premarket and trade back down close to 15 recently. Similar events in other MLNM, IMGN, GZMO recently.


It seems these stocks are still under agressive accumulation and are not permitted to run or reflect fundamentals.

IMO - of course.


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