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Biotech / Medical : Myogen (MYOG)

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From: kenhott3/9/2006 9:44:37 AM
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street.com beats MYOG with an ugly stick using 5 pages. Going with the you are ugly, your mom is ugly, your dog is ugly, and your cat is ugly approach.

thestreet.com

Too long to cut and paste. But here are the parts that I like.

...Robert Lawton, a vice president at Westport, Conn.-based Source Capital who is short the stock.

...Lawton established a short position in Myogen's highflying stock "at $39 and change" before the company's disappointing announcement.

...Lawton says. "I've seen stocks with twisted market caps based on their potential and the whims of the marketplace. ... But to me, net-net, this is a $20 stock -- on a very, very good day."

Me think they may have shorted a little before the $39 price. Source Capital... those guys do love their fat lunches.
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