Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Blacksmith who wrote (13888)	9/21/1998 1:22:00 PM
From: Peter Kerling	Read Replies (2) of 18691

SHORT Hemispherx BioPharma (HEB) Going to be published at the Sept‚mber, 28th edition of BusinessWeek: "But in recent days, the shares have pulled back a bit. A number of short-sellers are betting that the company's potential has been vastly overstated by the market. At issue is a drug called Ampligen, which the company believes is effective against chronic fatigue. Among the short-sellers is Manuel Asensio, head of investment boutique Asensio & Co. Asensio is shorting the stock with a target price of zero, having taken the view that Ampligen is neither safe nor effective. Asensio calls Ampligen ''a highly toxic, obsolete drug that is ineffective in the treatment of any disease.'' Hemispherx' CEO, Dr. William A. Carter, calls such assertions ''frivolous and wrong'' and says the drug's safety and effectiveness have been well established." Those of you who are not SHORT yet, GO! Peter

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