CEPH Message Board - Msg: 2654306

STOCKTALK

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Biotech / Medical : CEPH

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To: Brian Pastor who wrote (484)	11/6/1997 11:01:00 AM
From: virgil vancleave	Read Replies (1) of 998

i just wonder if there are a lot of shorts out there. could explain the volume both on the stock and on the options as they cover their short with a call. if good or no news come out, this one could explode to the upside as the shorts get nervous when options expire and have to cover. don't know if i am right, but thought i would post my thoughts. not only that, but the downside here is not very high as the company is doing well on other products and approvals and still have over $5 per share cash plus positive boof value of near $5 a share. just shows the upside here. with approval this one could easily trade in the mid to upper 20's again. good luck to all.

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