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Biotech / Medical : Biotech Shorts
XOMA 32.98-0.7%Oct 31 9:30 AM EST
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To: (no name provided) who wrote (1)12/13/1996 3:55:00 PM
From: Boyce Burge   of 61
 
Keep it up. Id like to hear more on this subject. I agree that shorting can take the pain out of biotech investing. Rigt now there isnt much fluff in biotech... its having a hard time getting up off the floor. But, there are times when its just too obvious who to short,... Like the run op on ONXX two months ago, when they talked about their viral gene therapy approacyh to cancer. Stock ran fro 10 to 15 in a few sessions. But it was obvious this wouldnt be a therapy in the next 5 years and the stock gradually moved back to 10.
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