Zonagen (zona) - good buy? Message Board

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Biotech / Medical : Zonagen (zona) - good buy?

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To: Tokyo VD who wrote (5467)	9/4/1998 11:03:00 AM
From: Platter	Read Replies (1) of 7041

I have shorted several stocks eg ITEX, DGIT, PTET,did well even though thread was against me...However I was cautioned by someone familiar with "story" ...given 3 million short position, and 6 million float...I should avoid this one...Also apparently,Positive Articles expected in several weekly business magazine and Daily newspapers as a run up to expected approval of drug to compete directly with Viagra...Also this would be the first competitor on the market.......And so There could be a MASSIVE run on the stock....He also noted Volume has dried up......So I won't be shorting this baby.....Taking a LONG position here!!!!not because I like the company, but because they expect a situation like BRL to occur.......Apparently Positive indicator letter expected soon and good sales in Mexico and other countries where Viagra is available

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