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Biotech / Medical : Ionis Pharmaceuticals (IONS)
IONS 78.88-0.7%3:59 PM EST

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To: Perry who wrote (2148)7/23/1998 1:12:00 PM
From: Scott H. Davis  Read Replies (2) of 4676
 
Looks like the "shorts teamwork allert following a big runnup" was a bit premature. Next big runnup would be a good phase III for something with more $ potential, but then once a biotech has evidence of making it on multiple fronts it has probably ceased to be a good short candidate (at least a short of more than a couple days). Scott
(not grinning so big today, but I am here for the long term & still showing a gain & now have a position with less risk. Oh well...)

PS - problem with todays extreme volume is that it really screws up the volume scale on a chart visually.
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