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Biotech / Medical : Geron Corp.
GERN 1.240-1.6%3:11 PM EST

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To: Land Shark who wrote (1646)11/10/1998 9:52:00 PM
From: Druss   of 3576
 
To All--I don't see much chance for a short squeeze.
Most of the shorts I know are pretty market sharp and they feel this thing is headed much lower. They are willing to ride out some wiggles to get there. It will be difficult to really get a squeeze going on them. Most shorts got in high or not at all. There does seem to be a large short interest but the shares at most sources I am aware of ran out while the stock was trading significantly higher than now. The shorts have a comfortable cushion to ride out some upticks.
I am short in this stock but I don't have any bone to pick with the longs. I disagree with some of their predictions that it will go back up and big but I am not combative about it. This is a trade for me, I am currently ahead and look to make more.
Bald Man from Mars--I should have followed the antiBald Man portfolio closer. Next time let me know when you are going in big on something like this. <G> Truth be told I am sorry you are getting burned, I enjoy your posts and your cheerfulness in adversity. Good Luck!!
Druss
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