BCRX: Target practice for shorts Message Board

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Strategies & Market Trends : BCRX: Target practice for shorts

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To: lizardK who wrote (54)	8/26/1999 8:29:00 AM
From: Manly	Read Replies (1) of 96

Noah. I would watch this for a bit and if you short it - start with about 25% short and continue to add to your position. I'm playing MDCM right now and having a great time with it's run up. BCRX is being pumped so much that the gaps will be filled regardless of what long term investors say. Not saying that BCRX doesn't have potential but it's current valuation is too high. The analyst keeps raising her target which is great expecially if BCRX does hit 40+ for shorts to short more. They will not be the first out with this class of drug and first out to market typically is the market leader! Glenn

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