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Biotech / Medical : Biotech Valuation
CRSP 51.59-1.1%3:59 PM EST

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To: dalroi who wrote (3637)4/30/2001 9:42:53 AM
From: Biomaven  Read Replies (2) of 52153
 
<ABSC>

And most of that short position added recently. There's been fairly indiscriminate shorting of biotechs of late, and this might send a moderate wake-up call.

viwes.com

Note that ABSC actually had the biggest % increase in short position last month of any stock.

VRTX predictably is off some - in fact it's lost a little more in market cap today than ABSC gained.

Interesting that this deal didn't seem to have leaked - not much hint of anything in the trading leading up to the announcement.

I'm working on an updated "munch" list that I'll post on the munch thread.

Peter
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