SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 5 1:26 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Angel D who wrote (1264)1/12/1999 11:19:00 PM
From: Jim Roof  Read Replies (2) of 1432
 
Some very interesting things are developing for BTIM. In just a few days BTIM will hit the a 52 week high list. It actually traded today 1/8 point higher than the 52 week high of 18 5/8. Combine the 52 week high with the huge short interest still uncovered AND FDA approval just around the corner (but be cautious here, our great government rarely does anything fast... except mail out tax forms) and the ingredients are assembled for some ferocious action.

Even in today's rotten market BTIM held well as the wiser among the shorts probably covered a few thousand shares. Let's see [insert 60's style computer sound effects here... boo bee bah bah boo bee bee boo bah], that leaves just a tad under 2M shares yet to cover. That will be fun.

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext