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Biotech / Medical : Biotech vs. Shorts

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To: scaram(o)uche who wrote (1)7/23/1999 8:12:00 PM
From: Biomaven  Read Replies (1) of 427
 
For an example of a huge triumph by the shorts, take a look at Sunrise (SNRS) today - off over 80%:

Subject 8695

This was heavily shorted, with all the usual leaks and articles in TSC. I've never followed them, so don't know much about their story.

Interestingly, our friends at Avalon may have done well in this. There's an interesting site that lets you look at volume by MM. Here's Avalon's numbers - note the sudden interest in SNRS last month.

nasdaqtrader.com

(These numbers don't mean they were short this amount by the way, just that they did that much volume. However, if the figures suddenly jump, you can conclude that they (or their associates) have likely taken a position - could be long or short - and here I'm prepared to bet they were short.)

Peter
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