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Biotech / Medical : Biotech vs. Shorts

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To: Biomaven who wrote (313)1/15/2000 12:57:00 AM
From: Neuroguy  Read Replies (1) of 427
 
Peter - the short list you gave as a percentage of market cap - isn't the percentage of the float a bit more of a guide? For example, in the case of CLPA, the percentage of the float is about 32%!!
biz.yahoo.com
That's a LOT of stock to have to cover on the open market, especially in a limited period of time. Plus the longs have been actively moving their shares into cash to prevent it from being borrowed (limiting further shorting). There was a collective effort generated by longs on the Raging Bull CLPA board to this, and they represent just over 5M shares of a 16.2M float.

That's a very interesting list nonetheless. Some of those stocks have made tremendous gains of late.
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