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Biotech / Medical : ONXX
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To: Elmer who wrote (524)8/9/2000 2:02:19 AM
From: Mama Bear  Read Replies (1) of 810
 
David, I could be mistaken, but I get the impression from your posts that you think that the shorts control the price. With only a few days hindsight, we can see this is not the case. -g- Seriously, the longs are the ones in control of the price, as they are in every stock. The fact that borrows are hard to come by domestically means the heat is on the shorts IMO. Those inclined to sell short are limited in their ability to add selling pressure, so only those who are long can do so. That it took out the 8/2 high so convincingly today makes it look like it has legs to me, at least for the immediate future.

Regards,

Barb
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