QDEL - Quidel more quick diagnosis Message Board

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Biotech / Medical : QDEL - Quidel more quick diagnosis

QDEL 21.36

-3.7%

Nov 14 9:30 AM EST

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To: Michael Bakunin who wrote (1097)	9/9/1997 12:21:00 PM
From: Ambrym Man	of 1693

OFF SUBJECT. NOT QDEL. Check out the OVIS thread. Evidently that stock got hammered by the shorts. The CEO is reacting by forming a non-profit organisation to work with the SEC about abuses of shorting bulletin board stocks. BUT THE REALLY INTERESTING thing is that the OVIS threaders appear to have formed a cartel to fight the shorts. Even listed the names of the cartel. Last week they all got together and were buying the stock, on Thursday, the day I watched, they got it up from 2 1/2 to 4. But the other thing the threaders were doing, was demanding delivery of their certificates. Trying to dry up the pool of stock that could be borrowed by the shorts. I had never seen anything like it. I lurk on another thread and some of the guys on that thread were joining in with the OVIS guys to help them out. Seemed like a dangerous risk of mony to me.

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