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Biotech / Medical : IMNR - Immune Response
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To: Emec who wrote (801)7/6/1998 10:51:00 PM
From: Manny Gugliuzza  Read Replies (1) of 1510
 
David, See good chance for play back to 15 before expirations. but the short sales with the current volume could get eaten up rather quick even on a key reversal day. did you get the 12.5 or 15?

plus you have well over a million shares sold thu call options MM will not want to purchase back shares to deliever these if in the money so prices stay low till then with maybe a rebound and another sell off to keep below 12.5 at expiration. after that were clear for another test upward.

ar.
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