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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: tuck who wrote (561)12/25/2001 10:48:46 PM
From: tuck  Read Replies (1) of 1005
 
>>We got a little spike in NWBT at the end of the day, but no news. Not worried.<<

I'm especially not worried because it would appear the short is invalid. Thanks to Michael Murphy and others for pointing out that for all practical purposes, IPOs can't be shorted for a month (possibly foreigners and folks with offshore accounts excepted). We'll have another look on the 14th of January, then. In the meantime, I'm undoing the trade.

Cheers, Tuck
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