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Biotech / Medical : ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH
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To: Haolin Ni who wrote (128)12/9/1998 9:05:00 PM
From: Paul A  Read Replies (1) of 1084
 
hmm, so you havnt seen a short squeeze on a biotech stock eh? Thats weird but ill believe you..

what I CANT believe is that you are surprised they are having cash flow problems.. Um.. THIS is typical of biotechs im sure your aware of but possible longs probably are not. Just wanted to point out the obvious :)

There will be plenty of trading for longs and shorts tomorrow. What fun would it be if the market makers gapped it down to 4 1/2 on the bid? not an ounce for them since the game would be over in one huge dump. I trade so im not here to invest in ASTM, but with 7m in volume the market makers im certain stocked up in that last 1/2 hour and will be among the sellers at a much higher price tomorrow morning. Everything is timing..

gnight and good luck with your short
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