Procept (PRCT): 50% rise on high volume. Why? Message Board

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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?

PRCT 31.32

+1.3%

3:59 PM EST

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To: Douglas who wrote (137)	4/22/1997 8:17:00 AM
From: Trumptown	of 455

I'm surprised there is a large short position at these low prices. I think we'll probably see some more upside (especially if the shorts start running). From what I remember, Procept is around 50% institutionally owned, so they may be the culprits.

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