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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: majormember who wrote (1405)7/31/1998 10:29:00 AM
From: Joe  Read Replies (1) of 4140
 
No I do not know this for certain.

However, in the past I and others have had traders tell me that it appears that they were shorting SNRS. And in the past couple of days, someone with Level II said it looked like they were covering short positions. I am aware of their research and close involvement as the investment banker, but it appears they do a lot of trading.

Most of the placements that have been done have included individuals at the firm and their family members on the registration statements. It just doesn't look very healthy.

This did not include the analyst, he is a straight shooter.

If you have Level II, look at their trading activity. Or have your broker comment on their activity. I will talk to a trader at one of the MM that handles SNRS and see what he thinks.
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