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Strategies & Market Trends : Pancho Villa's Short Analysis File

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To: Pancho Villa who wrote (71)10/22/1998 9:08:00 PM
From: RockyBalboa  Read Replies (2) of 287
 
PV, the said-dead biotechs and phony pharma stocks are emerging from penniland more and more.

BTIM near 11, MCHM at 7 and change, ENML at 5+ with almost $1 loss p. quarter. All the short candidates we sucked much money our, and closed in the dawn of september easily, are approaching nice and 5+ levels. Even CCSI, creeps.

Personally I place the bets there, as there are not so much safe shorts out.

I placed bets against CTEN at 15 (merger should happen at 16 but who knows), but missed Cardiogenesis by pips. At 6,5 it is overvalued by a far amount when ESTI has to print new shares along consummation of the merger and should a walk down as well.

C.
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