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

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To: Lee who wrote (1170)4/16/1998 3:01:00 AM
From: margaret foley   of 1359
 
Lee,
All i know is what the tape tells me after it does its thing! However, I looked at the short interest in this stock last week and it was at a high for the last four months. On the vives site, the number of days to cover was listed as 11+. As to interpretation of these figures, I am just not an expert but I thought there might be a short squeeze this week because of above and the relatively benign news re: Redux liability and the good news about Fast track status for ceraxion. Is this what is going on and does this mean that there may not be a continuing positive trend after the options expire this Friday? I do not know but maybe some others would like to speculate. All I know is that many of us are so glad to see this once so high flying stock fluttering its wings a bit.
One bit(e) at a time
All the best,
Margaret
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