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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.0002000.0%Nov 7 9:30 AM EST

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To: biowa who wrote (267)7/12/1997 1:05:00 AM
From: Cacaito   of 572
 
Re: Short position was informed in this thread to be 1 million out of 6 million shares. A short squezze can obviously happened.

For the squezze to come buy you need an overwhelming enthusiasm for the stock generated either 1-by earnings (not the case), or 2-very good news (ABTI type III study a success).

In case #2 I will say posibility for good rewards is technically accurate.

My point of view is this short squezze posibility do not change the risk/reward balance. In my view risk is very high.

But in a very short term view, the big distribution of the stock, as shown on tc-2000 is slowing down, somebody is beginning to buy slowly. Still, I repeat this is one day only. I am in the waiting side.
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