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Biotech / Medical : Biotech vs. Shorts
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To: Biomaven who wrote (26)7/26/1999 10:51:00 PM
From: scaram(o)uche  Read Replies (2) of 427
 
I went through the positions of 3/31/99 and compared them to those of 9/30/98. I was going to list the differences, figuring that there would only be a few. Wrong! These guys sit around micromanipulating short positions in companies that they know little or nothing about. A majority of the positions had changed. It's hard to tell how bad their timing is, but it's certainly bad.

Why don't these guys just look at the performance of the SI biotech portfolios and get a clue?

Short 39.5K shares of MLNM on 9/30 (worth $686K or $17.40/share), covered as of 3/31.
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