HMSC- A simple breast cancer screening device Message Board

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Biotech / Medical : HMSC- A simple breast cancer screening device

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To: joe who wrote (209)	6/1/1998 5:16:00 PM
From: joe	Read Replies (1) of 246

and the cliff diving keeps on getting steeper her is some things to think about the new short position is increased to @ 520,000 shs. well more than 10% of the float. it looks like none have been covered. if the stock closes below $2 a share it becomes non marginable. if this happens two things can occur. 1. selling pressure if people own this on margin and can't switch it to a cash account. 2. the shorts could get squeezed because if the stock is switched from margin accounts to cash accounts this stock is considered to be no longer loanable to the street and a forced buy in of the short sellers may occur. hmsc clinical trials will be out in late june. august is national breast cancer awareness month.

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