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Biotech / Medical : Biotech vs. Shorts
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To: dalroi who wrote (327)1/16/2000 7:15:00 PM
From: John Metcalf  Read Replies (2) of 427
 
Look at a chart for GLIA. In the last month, there have been three big gaps up, and each one has been met by persistent selling.

One could speculate that there is a fundamental problem with the company, and read the drivel of the Yahoo! throngs who appear each time GLIA is sold. Or one could be simple-minded and guess that the shorts keep coming back and back and back simply because they made money last time.

To me, the habit of selling such a small issue is courting disaster.
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