Pharmos (PARS) Message Board

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Biotech / Medical : Pharmos (PARS)

PARS 2.700

+13.6%

Jan 21 4:00 PM EST

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To: David Israel-Rosen who wrote (664)	3/23/1999 4:31:00 PM
From: LLCF	Read Replies (2) of 1386

<We are looking at the conversion and sale of stock by CC. This shall end soon lifting the stock HIGHER> I would think they are converting some every day... the strike price is moving up each day... while moving up they can short it guaranteed of converting at a lower price that nite because of the 5 day average... so IMO this move will cause conversion, which in turn will eat up their "shorting" and when finished the stock can breath. DAK

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