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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (8383)5/5/1998 10:36:00 PM
From: Hank  Read Replies (2) of 18691
 
I give up Roger. Why did Entremed go from 12 to as high as 85 yesterday on preliminary lab results that are miles and miles away from being an approved drug? The market has really gone off the deep end on wild speculation. There was also a report that Urologists are warning about Viagra's potential side effects. I think this is what spiked ZONA even higher. I would bet that ZONA will suffer a sharp sell off once they announce an NDA filing but I would not want to re-short it until then.
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