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Biotech / Medical : Micrologix biotech
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To: Larry G. who wrote (703)4/26/2000 5:45:00 PM
From: Carter Berezay  Read Replies (1) of 792
 
Larry G,

The short position has decreased by 400,000 shares. I interpret that as meaning the shorts have been "bidding" themselves out of the market.

They have their profit and its now time to get out before another NR runs the share price up and they have to chase it to get out.

Carter B.
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