Replies to post #37961 on Biotech Values

[natvik]

genisi;
According to ScotTrade there is something mischievious going on. I originally thought it was someone trying to establish a position - the reason I wanted to buy. I now think that perhaps scotTrade is right! 2.6 million shares is not someone opening a position!! There is no way DYAX can come out with any news in the near future, as it would imply (er, mean) that information leaked.

Someone suggested that if they wanted to buy that they should be allowed to - well there is nothing stopping a person from calling their broker and placing the trade. Frankly I applaud the retail brokers on trying to get a handle on this, but question if these tatics by the brokers will work.

steve