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Replies to #28057 on Biotech Values

spartex

05/03/06 9:54 AM

#28119 RE: io_io #28057

fwiw, I just spoke to Joe, ZONA CEO, and he said there was no material news to report other than what came out yesterday. If there was ZONA would have reported it. He had checked in with some institutions and they don't have any clues either.

One could speculate that hedge funds ran the price up (on thinly traded stock) and then shorted it yesterday at the new highs.