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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

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To: CPAMarty who wrote (545)3/29/1999 10:41:00 AM
From: Raven McCloud  Read Replies (1) of 2515
 
Granted I could have gone long
at $14. However, having chosen the
short side, what a blessing to add
to my position each
time IMCL peaks above $15.

I just don't see $16 being taken out
until some really substantial news,
which I believe won't come for some time.

So I feel very little risk now and having
a large short position now and averaged
up nicely will be covering around $14 or so.

Good luck all longs (and shorts)
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