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Biotech / Medical : XOMA. Bull or Bear?
XOMA 24.91-1.7%Dec 18 3:59 PM EST

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To: schadenfreude who wrote (6738)7/20/1998 4:56:00 PM
From: Bluegreen  Read Replies (1) of 17367
 
Don't you think you should be a little less myoptic and ask yourself who is going to buy all those shares? Shorting a stock to get more worthless shares? There is the BIG risk in driving the price down. Now the offshore entity has all those shares to sell. Good luck if it is a weak company to begin with. Once again someone HAS to pay you more money than you have in the shares in order to make a decent profit. It might look good when you are shorting and driving the price down but that is only HALF the battle. Now you have a beaten down the price and you want to magically unload your shares? Guess what that does to the price?
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