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Biotech / Medical : WAND (Milestone Scientific)
MS 163.45-1.1%3:59 PM EST

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To: Zeev Hed who wrote (583)6/8/1998 2:35:00 PM
From: Brooks Jackson  Read Replies (1) of 717
 
Zeev: Most of what I know about the "short game" is from this thread, and the fact that short interest increased dramatically during the most recent two or three months on record.

1. Earlier, we had several anonymous SI posters trying to talk MS down on this thread. These are people who do not give their real identities, don't disclose an e-mail address, and post ONLY to this thread -- pretty transparent.

2. A Bloomberg reporter has run several critical stories, one of which turned out to be wrong and had to be retracted. Some of us suspect he's being spoon-fed his "information" by shorts.

3. Robert Gintel, whose fund holds a major percentage of MS stock, has said he recently moved that stock OUT of margin accounts -- against his usual practice -- because of "abusive" short practices.

I haven't worried about the shorts too much -- or about the big drop in price last week -- because I'm in for the long term. Eventually the product will sell or it won't, and if it does the shorts will cover and the price will go back up.
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