Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject	5/3/2001 9:31:08 PM
From: John Lacelle	Read Replies (2) of 6873

Michail, I have an overblown outfit in biotech for you. Now, mind you, your own research probably is better than mine but I have been looking at HGSI better known as Human Genome Science Incorporated and its one of those completely overblown biotechs with a 7 billion dollar market cap, no revenues except for the investor cash in money market funds, and at best, they are in phase I or II of clinical trials with drugs on minor diseases. The stock has had a major beta, a current bull run, and it looks to me like its blowing off... I say short the hell (or buy puts, safer IMHO) out of this monstrosity and make a bundle. Good luck, -John

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