SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Druss who wrote (2977)2/13/1998 10:36:00 PM
From: Bill Wexler  Read Replies (1) of 18691
 
Short Biotime (BTIM) at 16 7/8.

Scary biotech stock. Was pumped...dumped, and now that's it taken a rebound on the backs of a fresh batch of suckers it is ripe to short again.

The stock is manipulated, and people associated with the company have been actively engaged in fraudulent misrepresentation, so be careful - but I seriously doubt the stock will continue to climb much further (if at all).

Asensio took a shot at this one a while back. I spent some time researching the story and it is a "no brainer" short.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext