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Biotech / Medical : Biotech vs. Shorts

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To: Miljenko Zuanic who wrote (324)1/15/2000 12:47:00 PM
From: Biomaven   of 427
 
Miljenko,

ALKS does have a large convertible outstanding - my recollection is that it's convertible into around 4 million common. So a very big chunk of this short position is likely the convertible holders having hedged.

Peter

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