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Biotech / Medical : biotech fireworks
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To: Ian@SI who wrote (2540)6/30/2006 6:27:18 PM
From: Mike McFarland  Read Replies (1) of 7424
 
Oh! arql from ~$4 to $5.5, what a trade.

I hope somebody from SI got a piece of that--
maybe Rick or Tuck? Anybody?

I am just looking at the yahoo chart, which shows
a large block at the very end, so that certainly
looks like a short-covering rally.

It makes one wonder... The scenario where it was
going to trade down on Friday in response to
the Russell rebalancing...a little idea planted
by some hedge fund intern? To reduce the competition
for that trade?

Someday, I will be able to read the tea leaves
and catch trades like this. I will know when somebody
has their poker face on, and I'll score great trades
like that. Someday. It certainly doesn't make sense
to read Yahoo--who knows what is a lie, or what is
a lie within a lie, or what is a bluff. (Or the
yahooligans have no idea what hit the stock either).
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