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Biotech / Medical : Gliatech (GLIA)
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To: Dr. John M. de Castro who wrote (1433)3/2/2000 11:37:00 AM
From: jeffbas  Read Replies (2) of 2001
 
Thankyou, John and biowa, for bringing helpful info to my attention. It is nice to find folks with knowledge who are not condescending, and help out.

I did start a position this morning, for four reasons:
-The value seems good relative to peers.
-Yesterday's and this morning's action after the earnings report were excellent.
-The huge "uncoverable" short position.
-The chart is exceptional. We have both a rising bottoms pattern and a very significant "cup-and-handle" formation over the last 6 weeks. That is a very bullish formation, which is usually resolved to the upside.

Short-squeeze here we come!
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