SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech vs. Shorts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LLCF who wrote (369)2/17/2000 1:22:00 AM
From: Torben Noerup Nielsen  Read Replies (1) of 427
 
David,

>Except, it's a promising biotech.

It's really two companies rolled into one. One is a medical supplies company about to resume making money. The other is a biotech that few pay attention to. The fun part is that the present valuation is easily justified based on the medical supplies. That's what Prudential did and they were ever so conservative. So you do not pay for the biotech part at all.

>parting them from some of it would make me very happy

Did you notice the chart lately? And the trading pattern? Looks like the shorts can't find any more shares for their little short attacks.... The pattern has become a lot tighter.

And don't forget that earnings come out March 1 before the open followed by a conference call at 10:30am the same day. And then there's S.G. Cowen starting March 5.... I'd presume they have something to say. This one is metastable right now and it won't take much to push it out of what looks like a very shallow well. I really hope the shorts don't cover all that soon. I'd much rather have them chime in above $25 or so. That way they might compete with the momentum players and the day traders. Plus me of course :-)

It's my single largest holding and I intend to increase it as I can.

Read the Prudential report. It's funny.

Thanks, Torben
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News