HMSC- A simple breast cancer screening device Message Board

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Biotech / Medical : HMSC- A simple breast cancer screening device

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To: MaximilianII who wrote (119)	3/25/1998 7:36:00 PM
From: joe	Read Replies (2) of 246

short intrest eas posted this morning. it was at 451,000 shs down slightly from 460,000 the previous month. from what i can find after checking with scwab,opco, +m.lynch there is no stock to borrow at this level for short sellers. in fact it is on goldman sachs "hard to borrow" list. I find this a very gutsy and stupid move for short sellers to maintain this position. If the company releases earnings and favorable sales figures in the coming quarter the stock will move higher, additionally if any large wall street firm picks up coverage the stock will move higher, and if any fund decides to take a position the stock will move higher. If i was short this stock i would be scared to death. it moves on no volume and the product is being shipped by pssi as we converse. i believe the 144a insiders that have filed to sell wont do so under $10. also new market makers are slowly entering the box. what do you think?

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