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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: vestor who wrote (1596)1/12/2000 6:35:00 PM
From: harkenman   of 1837
 
What is surprising the number of shorts that this stock has. This is whats keeping the price low. Once positive earnings are announced price will be driven by
a. shorts covering
b. fundamentals
c. speculators driving up the cost

In the good old days (during ANDA review and before the FDA made DRMD file an NDA) stock was hovering in the 20's. With APRI and other approvals I dare say stock will easily hit $25-30 by 2nd Q
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