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Biotech / Medical : North American Vaccine
NVX 1.410-6.6%Nov 3 3:59 PM EST

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To: Jim Goodman who wrote (444)11/20/1998 11:49:00 AM
From: andy harrison  Read Replies (1) of 507
 
John:
With all due respect, I think that you would be a better help to
your subscribers with regards to NVX if you would tell them to
buy their stock and ask for delivery of certificates. The stock
is very tightly held and if you read some postings on the Yahoo
thread you would find that the float when you take out insiders
is only about 12 million. Of that remaining 12 million, several
large long time NVX holders own another 4-6 million shares. Others
own anywhere from 100-20,000 shares and arent selling. The short
position is 3.2 million of which only about 500K are hedged against
the original bond offering. Buy the stock...call the certificates
and hold on tight..My point being.. nearly 50% or more of the available float is shorted. At some point the stock is going to
explode upwards when the true value of the pipeline is discovered
by Wall Street.
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