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Biotech / Medical : SMT Health Services (SHED)
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To: Linda Weinberg who wrote (19)1/27/1997 9:37:00 PM
From: Anthony Johnson   of 32
 
With the pickup in volume, there has definitely been some institutional interest - especially this morning. As for why the increase in short interest, good question - on one hand it is disturbing because you wonder what we don't know, on the other hand it represents future demand. Technically this stock looks good, but it needs to close above $10 on strong volume to attract more buying - hopefully earnings will do the job here. As the stock approaches $10, a pickup in volume should be expected - the last bunch of investors from May are probably still looking to get out even. Once that happens, SHED should FLY. Good luck to all.
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