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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.18-1.4%Nov 28 9:30 AM EST
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To: Andrew H who wrote (12302)12/8/1997 8:08:00 PM
From: tonyt  Read Replies (1) of 32384
 
>>Andy, I think that the number of real shorts is extremely small. <<

> You may be correct. But if the shorts are no longer keeping it down, one would
> expect it would rise more quickly, no?

Of course not. Without the shorts to cover, pretty soon there will be nothing to keep it up! All the short-term new is behind us and it will be years before we turn a profit.
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