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Biotech / Medical : Medical Industries Of America, MIOA
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To: KYA27 who wrote (80)4/3/1997 2:14:00 PM
From: insightful investor   of 570
 
The shorts are selling into any and all buying. They are attempting to hold back the stock price by filling all orders with "borrowed" shares. As soon as the price of this stock begins to take off, they will scramble to cover their huge short position. This could push the stock over the $10 mark within hours after heavy buying comes into the stock. This could happen immediately after the company reports positive earnings at the end of this month. Hang in there!
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