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Biotech / Medical : North American Vaccine
NVX 1.410-6.6%Nov 3 3:59 PM EST
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To: Michael Collins who wrote (14)10/17/1996 12:02:00 PM
From: Don W Stone   of 82
 
Michael, and everyone else: I'd put a SRONG BUY SIGNAL OUT ON NVX TODAY. The shorts bandwagon leader I am told has resorted to broadcasting his views on NVX over the air. We are not hearing "short" the stock anymore. Now it is a "strong sell" recommendation. There is a difference. He is trying to appeal to the Longs , the holders of the stock. If more people short it they contribute to the problem ( i.e. just switching the problem to someone else but doesn't increase the supply to allow for covering.).
Think about it.How is it, this information isn't held privy to only his subscribers so they can have time to really capitalize on such insite if it really is such worthy advice?
There are 7 1/2 trading days left till Oct 29th when NVX will get an FDA Avisory Committee Meeting strong recomendation of approval for all 5 shots and NVX will have a very sizable run up, mid to upper 30's at least, excluding short covering, IMHO

Now I must also add that right now my understanding is that at least 90% of the float is either closely held or in the hands of institutions so broad casting can only be an appeal to the little guy . That says small volume and that isn't going to prevent a BIGTIME short squeeze at some point in the not to distant future IMHO. :-}
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