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Biotech / Medical : VPHM - Viropharma Inc

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To: Jon K. who wrote (252)7/16/1999 8:33:00 AM
From: tsunami  Read Replies (2) of 2557
 
Good morning jk,

Yes I was short around 83K at one point yesterday, I was very active
in the premarket and in the first 10 minutes of the trading.

I gradually covered most of it. Some around 17, some around 16 and
some right at the close. I am short around 25K right now.

If it gaps up I will start building a bigger position, if it gaps
down I will let it ride.

Eventually it might see single digits but I will not wait for it. I
should be all out if it hits 11-12 area.

I don't expect the stock to show any strength again today so if
it does (like go +1 after the opening) I will probably take my
loss and wait for a better shorting opportunity.

good luck all,
t
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