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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: BARRY ALLEN who wrote (2930)8/2/1999 9:25:00 PM
From: gbh  Read Replies (1) of 4140
 
Barry, although I agree with you that something with this whole situation sounds quite nefarious, I did watch this stock on Level 2 for at least a month prior to the panel. At certain times I noticed all of the following market makers selling/shorting heavily. Most of this is documented on the RB board.

NFSC - I know it sounds strange that Fidelity would be selling/shorting but it did occur.
FAHN - still selling/shorting to this day.
KINN - this is Kinnard, and they were non-existant until late in the game when their analyst issued his sell.

Of course AVLN also heavily shorted, but interestingly, they disappeared from Level 2 for awhile completely. On the RB board we speculated they were squeezed out of existence :). I guess not.

Anyway, the point is, the shorting was not isolated to AVLN by any means.

gary
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