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Biotech / Medical : Gliatech (GLIA)

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To: Torben Noerup Nielsen who wrote (1482)3/10/2000 11:29:00 AM
From: Cheryl Galt  Read Replies (1) of 2001
 
FWIW, Thursday afternoon Glia was no longer on the Sell-Short-Restricted list. So shorts were able to re-load.
But when i checked just now, it's back on the list.

Besides the short business, I suspect that many folks are caught up in the excitement of the rally, and are putting their money into fast popping small biotechs. It sure is tempting -- and rewarding so far.

Tightening over there should scare them back into quality. My shares in Glia feel like an "insurance policy," and this lull has let me increase my holdings at great prices.

Glia $22 1/2 as i speak, on low volume -- 92,200.

The interest and volume today is in the popping little-known issues.
Investing is taking a back seat to gambling today
-- except for those taking advantage of the current long-term opportunity.

"The trend my friend" -- but I wish i had eyes on all sides of my head ...

Regards, Cheryl
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