IMNR - Immune Response Message Board

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Biotech / Medical : IMNR - Immune Response

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To: Robert Knight who wrote (719)	7/2/1998 7:16:00 AM
From: AHM	Read Replies (2) of 1510

If shorts are growing, it may not be "Market Maker manipulations" that most postings on this board are implying. Instead, it may give rise to concern for those who are long. Why would short positions grow? Only one reason that I can think of. Those investors doubt that the expected news from IMNR will not be as spectacular as the longs believe it will be. A posting on Yahoo in response to a message that cited statistical evidence that was highly impressive noted that statistically the data had little "power". By that, the message went on to note that "power" in statistics is a measure of the sample size. When the sample is small, the data may not prove to be reliable as the sample enlarges in size. For both longs and shorts the contents and reactions to IMNR's scheduled poster presentation by Dr. Valentine tomorrow represents a major divergence of opinion on which huge amounts of money are being placed at risk by bulls and bears. The longs are no smarter than the shorts. Who will be the winner won't really be known until Monday when the market reopens.

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