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Biotech / Medical : OPTS--Opta Food Ingredients

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To: Jacques Chitte who wrote (4)5/30/1997 7:30:00 PM
From: Instock   of 85
 
No short squeeze getting in AFTER the BW story and AFTER the big run up in price.

If PART of the run up was from people who shorted the stock a LONG time ago and now buying to cover their short position, I would expect those same people to short the stock again at the stocks peak.
The short invester will know that the stock went up on the Business Week story and that the stock will drop back down as the short term traders ( those who bought recently ) start selling and thus dropping the price. SELLING PREASURE!

Also, Those investers who have owned the stock for sometime and bought in at low prices will be VERY temped to sell and lock in their profits. MORE SELLING PREASURE!

Many who bought today ( friday ) on the business week story, will be looking to sell and lock in their profits. MORE SELLING PREASURE!

If you ( or anyone ) look at the companies finiancial, the average invester will see that the company is NOT in good shape! The company stock price is WAY over valued. They are lossing money , big!
No reason to hold the stock based on fundimentals, at least not at the current price. MORE SELLING PREASURE!

I think I have finished talking myself into shorting this stock on Monday.

Any Comments or thoughts along these lines?

Thanks
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