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Elan Corporation, plc Message Board

  • cyberhunkie cyberhunkie Aug 11, 2005 12:40 PM Flag

    GOING DOWN ON GOOD NEWS.....

    Yeah we had very good news two days ago.

    when eln goes down on very good news ...

    it only means one thing.

    big boys are accumulating & manipulating.

    once accumulation is done, watch out.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I believe the big boys are selling into the mini rallys.Another 10 thousand shares at 8.61 up for sell. Why would anyone be selling if this stock was going into the teens soon?

      • 3 Replies to Navarre55
      • Why would anyone be selling if this stock was going into the teens soon?

        You ask????


        Because we don't know for sure, only a certain degree.

      • Maybe selling a couple of 100,000 shares to bring price down so they can buy 2-3 million shares. JUST LOOK BELOW WHO BOUGHT

        ---------------------------

        ORACLE bought 12,544,868 shares at a value of $107.9 Million

        hXXp://holdings.nasdaq.com/asp/Portfolio.asp?FormType=Portfolio&CIK=0001012622&HolderName=ORACLE+INVESTMENT+MANAGEMENT+INC&strFilter=T&sHead=t&selected=ELN&symbol=ELN

        MERRILL LYNCH bought 5,781,437 shares at a value of $49.7 Million (They just increase their Portfolio value of ELN PLC by 2,570% - Yet they told you to sell)

        hXXp://holdings.nasdaq.com/asp/Portfolio.asp?HolderName=MERRILL+LYNCH+%26+CO+INC&CIK=0000065100&sHead=t&strFilterHoldings=&selected=ELN&symbol=ELN&SortBy=value_change&Descending=D

        WACHOVIA BANK bought 1,579,618 shares at a value of $13.6 Million (They just increased their portfolio holding of ELN by 4,004%)

        hXXp://holdings.nasdaq.com/asp/Portfolio.asp?HolderName=WACHOVIA+CORP+NEW&CIK=0000036995&sHead=t&strFilterHoldings=&selected=ELN&symbol=ELN&SortBy=description&Descending=A

        BB BIOTECH AG just bought 2,000,000 shares of ELN at a value of $17.2 Million (It is a new holding to their portfolio)

        hXXp://holdings.nasdaq.com/asp/Portfolio.asp?FormType=Portfolio&CIK=0000924223&HolderName=BB+BIOTECH+AG&strFilter=T&sHead=t&selected=ELN&symbol=ELN

    • Yeah good news out alright, but eln has weak legs to support current prices. No "big boys are accumulating & manipulating" here simply sellers outnumber buyers !!

 

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