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Biotech / Medical : HEB, Hemispherx Biopharma (AMEX)NEW

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To: Mad2 who wrote (472)10/12/1998 7:55:00 PM
From: Marty  Read Replies (1) of 857
 
This looks like an arm wrestling contest, back and forth, between Asensio and Carter. Asensio has a reputation and a following but that is about it. Carter has a lot more muscle represented by medical credentials and medical studies.

I also think there is more money available on the long side with more and more individuals and institutions learning about the drug's potential and increasing their holdings the closer it gets to full approval time.

The shorts are typically very panicky and could easily quickly run up the stock a lot by themselves once price starts up on any positive announcement from ongoing studies, the FDA, or published reports.

It looks Asensio is grasping at straws now by publishing such nonsense. He made a very bad bet going up against Carter.
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