Biotransplant(BTRN) Message Board

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Biotech / Medical : Biotransplant(BTRN)

BTRN 35.32

+0.7%

Nov 5 4:00 PM EST

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To: Torben Noerup Nielsen who wrote (1197)	1/5/2002 11:37:58 AM
From: seminole	Read Replies (1) of 1475

They do not have to sell all the shares at one time. I think it is great they have waited until now to start the shelf, instead of last year. They took a chance that the market would improve and that their stock price would improve. I would guess they have a dollar amount as a goal, not a share number. I would hope there is a minimum share price they would except but this price is probably lower than shareholders would like. I would expect to see the share price decrease without reason right before the stock come off the self. The institutions will demand a good price (low) but the stock price will bounce right back after the sale. The institutions will know the shares are about to be sold so you could see an increase in short interest before the sale. (some of the institutions who hold shares now will hedge their shares before the sale of new shares) I hate investment bankers and after this you may hate them too. IMO, you all are doing the right thing by watching the science, so just hold your nose during the stock sale.

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