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Biotech / Medical : Nuvelo (Nasdaq: NUVO)
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To: Brasco One who wrote (161)3/11/2000 5:45:00 PM
From: Richaaard  Read Replies (1) of 286
 
What are you saying, that stock won't be going to $150 within Jim McCamant's time frame? To those of us who are long the present price only mattters if we choose to sell right now. It matters more to shorts than to those of us who've chosen to go long. While you're patting yourself on the back keep in mind that we also get the same benefit from buying at current price level. You don't have to short a stock to take advantage of the up and down movement of a stock, it also works going long and selling a portion at the peaks.
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