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Biotech / Medical : IPIC
IPIC 0.00010000.0%Aug 15 3:35 PM EST

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To: K.Green who wrote (1095)3/25/1998 7:32:00 AM
From: Pancho Villa  Read Replies (1) of 1359
 
>Regarding shorts- hey, that's fine with me. When there is positive IPIC news, the stock opening will be delayed, the price will skyrocket, and you folks will have to push it higher to minimize your losses. Keep on shorting! <

I am not short IPIC. IMO not much downside potential now.

>That there exists a group of lawyers and CEO's - "etc, etc" who would conspire to push down the price of a stock to somehow resolve a dispute over the ALLEGED danger in a drug which has been used by millions of people the world over without incident - is just an idiotic comment.<

I don't think anyone is conspiring. Lot's of people's money involved on the IPIC and AHP side. Let me put it another way. The reason for the price being around $8 while AHP is hanging over 90 may be that investors [rightly or wrongly have reached the conclusion I propose]. IMO it is not that outrageous to assume investors are anticipating this scenario. Did you read the Barron's piece last Fall? If you didn't and you are long the stock you have a bit of homework to do. I may have posted a link to it in one of my October/November posts here.

Pancho
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