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Biotech / Medical : Ionis Pharmaceuticals (IONS)
IONS 72.48+4.3%3:59 PM EST

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To: jopawa who wrote (2489)2/25/1999 6:49:00 PM
From: John Romeo  Read Replies (1) of 4676
 
Good detective work,very uncomfortable ramifications.Desirable investments trade at premiums.You would expect a 4mm share placement in the last remaining company working on antisense,with an approved product confirming the technology's validity would get a premium on that equity.I always felt the debt offerings as "odd" but felt better minds were at work.The stock is obviously being shorted,watching it trade on many days is a testament to shorting.If we were long is all our money bet on the "come" line, being Crohns disease.Also have to consider source.Do you have any consecutive monthly short history?
How alarmed do you feel?
Thanks,
John
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