BTA 0.00% 57.0¢ biota holdings limited

possible reason for the sell off

  1. 3,045 Posts.
    Well we have seen the shorts over the past two days (as reported in the AFR) didn't represent a majority of the volume.

    I suggest that a possible reason for the sell off is a general decline in "swine flu" stocks.

    Check out

    http://finance.yahoo.com/echarts?s=BCRX#chart1:symbol=bcrx;range=3m;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

    http://www.tickerspy.com/index/Swine-Flu-and-Bird-Flu-Stocks

    Could the selling be due to international funds selling down on a general "swine flu" sell down?
 
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