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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.200+99,900.0%Jun 17 12:34 PM EST

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To: Jonathan Rothschild who wrote (127)6/9/1997 3:00:00 PM
From: biowa   of 572
 
Jonathan,

<< I've heard the short position is building in the last few days.>>

Where are you getting day-to-day short interest? Do you know what % of shares outstanding its currently at or the total number of shares short?

As several have pointed out, almost any stock is going to see an increase in short position as data comes due. It's a point of uncertainty and someone is going to be willing to take any bet (that's the point of market equilibrium). In this case, the short bet IMO might even be related to timing rather than actual results; if ABTI misses the end of June w/o comment, the stock might trade off and the shorts take a profit. All specualtion.

What we should be more interested in IMO is if the short ratio starts to get substantially larger, or if we start hearing short-selling pitches (someone actually willing to stake their name).

Once again, has anyone heard any short-sell recs or rumors?

BTW, Jonathan welcome to the thread.

biowa
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