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Biotech / Medical : Munch-a-Biotech Today
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To: LLCF who wrote (498)7/21/1999 10:27:00 AM
From: Biomaven  Read Replies (2) of 3158
 
I'm particularly pleased to see CNTO munched, as it has long been a favorite of the misguided shorts. (CNTO followers will of course remember the sardonic David S.). For example, at one stage last year it was actually the biggest short position in the entire Prudent Bear mutual fund.

I've seen the comment that CNTO always traded as if something terrible was about to be disclosed. Don't know if this was the influence of the shorts or not. My comment on the CNTO thread about a month ago was that it was clearly the cheapest of the second tiers.

Message 10018989

Now if I can just figure out why I sold most of my position about a week ago. :(

Well over a quarter of the static portfolio "suzbounce" has now been munched in under a year (AGPH, NXTR and now CNTO):

techstocks.com

Peter
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