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Biotech / Medical : FPA Medical Management - FPAMQ

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To: gregor who wrote (447)4/22/1998 9:22:00 PM
From: Gary Leger  Read Replies (1) of 1110
 
PHYCO release:

If you read the release its almost like they were defending fpam as well as themselves with their positive statements about the health of the industry. Makes you wonder if they phyc are telegraphing a future play on fpam with positive statements. Could also be just self serving on phyc's part.

RE: short interest, myself and others have had in the money puts we wrote get put to us in the past few days which means people who bought them are closing out positions and mm's are squaring up by putting stock to us, translation: shorts are covering.
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