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Biotech / Medical : Biotech vs. Shorts

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To: Biomaven who wrote (303)12/18/1999 11:45:00 PM
From: Biomaven  Read Replies (2) of 427
 
The Aviron MM numbers for November are in. They can be found at:

nasdaqtrader.com

They show sudden major activity in CYGN (over 1.1 million shares traded). Guess this is one they lost. Of course the numbers themselves don't show whether they were short or long, but there have been plenty of hints that they were short.

Further down the list we see 110k worth of GLIA traded as well. They were pretty much always on the ask prior to the good news on Friday (Rick has been watching GLIA closely), so this tends to indicate another wrong prediction by them or their clients.

So for November, I'd guess the longs beat Aviron handily, especially as QLTI was strong as well.

Peter
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