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Biotech / Medical : SNRS- Sunrise Technologies

SNRS 0.000001000

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Jun 6 11:01 AM EST

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To: Makahadan who wrote (2517)	6/10/1999 7:13:00 PM
From: BostonView	Read Replies (1) of 4140

A classic short covering manipulation campaign? I never underestimate the ability of well-organized shorts to "move" a stock. History is filled with colorful examples of how the breed works to spread FUD to their own advantage. Wouldn't surprise me one bit if, when this "sturza event" is over, there are fewer shorts in the stock....meaning they sponsored it, and used it to cover their positions for maximum gain (or minimal loss, as the case may be). The timing is too suspicious to support much else. The panel review is just a few short weeks away and the shorts know NOW is the time to cover. They're yelling "FIRE", where there is no smoke! Naturally, FDA approval isn't guaranteed, but the writing on the wall is overwhelmingly in favor of a go-ahead by the FDA. Just as this is their last good chance to get out, it's a longs last best chance to get in cheap, IMO. BV

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