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Biotech / Medical : Agouron Pharmaceuticals (AGPH)
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To: JMM who wrote (5093)8/12/1998 1:41:00 PM
From: JMM  Read Replies (1) of 6136
 
.......if I were to pick a possible low for this stk based on a worse case scenario...I would look to 15 or 16 as the low. Split adjusted its from around those levels that the major jump in its price occured from in the past. The shorts have barely budged so far even with the stk down a great deal...still over 7 million out there. I would look for cover at those levels which may bring the price back to the 20s....but not really the squeeze on the shorts that people have hoped for.
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