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Biotech / Medical : SABRATEK CORP (SBTK)
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To: RobbRacer who wrote (357)7/20/1999 8:43:00 AM
From: mod  Read Replies (2) of 487
 
Robb,

No way Ralin would short their SBTK stock. Two reasons:

First, it would violate their agreement, and they could be sued if Sabratek found out. The stock is held in escrow I believe, so finding enough collateral in order to short it might be difficult if they are not otherwise wealthy.

Second, and more importantly, they could get killed financially. How? If SBTK kept moving up, they would owe more profits to be paid to SBTK. Profits they would not have if they had sold the stock short elsewhere. Worst case, they could get wiped out. Why risk it?

mod
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