XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 32.31

+1.4%

Nov 26 3:59 PM EST

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To: Robert K. who wrote (4892)	11/26/1997 2:08:00 PM
From: aknahow	Read Replies (1) of 17367

Short interest for month ended 14 Nov was 739,787 against prior mos 605,955. A 22% increase with average shrs traded of 407,640 per day. With trading slowing down it will take more days to cover. Nothing against shorts. Anyone has perfect right to sell anything short. Just think these sales made it a bit harder for xoma to go up, and my standard comment from a long time ago is that short sellers have already sold and are all potential buyers. Even if their hopes are realized and they buy back at a lower price they will provide support to the price when they do so. Whatever negative impact the sales had on the price of Xoma that has already occured.

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