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Non-Tech : Bill Wexler's Trading Cabana

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To: The Reaper who wrote (4014)8/22/2008 8:47:19 AM
From: RockyBalboa  Read Replies (1) of 6370
 
Alpharma ALO one of the most heavily shorted Pharma stocks has been taken out at 33. Of course, the squeeze leads it to several percent above the takeout price and it scratches 35:

Share Statistics
Average Volume (3 month)3: 800,312
Average Volume (10 day)3: 598,211
Shares Outstanding5: 41.76M
Float: 41.44M
% Held by Insiders1: 11.12%
% Held by Institutions1: 130.90%
Shares Short (as of 28-Jul-08)3: 7.47M
Short Ratio (as of 28-Jul-08)3: 9
Short % of Float (as of 28-Jul-08)3: 18.10%
Shares Short (prior month)3: 8.06M
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