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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Cytokine1 who wrote (4483)3/26/1998 10:24:00 PM
From: Biomaven  Read Replies (2) of 9719
 
What do you all make of GZTC's new financing? Couldn't quite tell from the release if this was a "bottomless" convertible or not. If it was, it might still have had a clause making short sales a no-no. (I've seen this used recently, and I suppose it might work where the buyers are reputable, as they likely are here.)

The financing might also explain the recent weakness, which I've used to pick up a few shares.

Peter
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