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Microcap & Penny Stocks : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?

To: lawrence lerner who wrote (8064)6/25/1999 8:02:00 AM
From: vestor  Read Replies (1) | Respond to of 8359
 
The very reasons for being short are disappearing. It is indicative that even the shorters agree that progress is being made here.



To: lawrence lerner who wrote (8064)6/26/1999 1:44:00 PM
From: chester lee  Respond to of 8359
 
LL,

Two contrarian views to a lower short interest:

1. The shorts are moving to worst stocks, since the preferred shares are now redeemed. There is better money to be made else where.

2. The pent-up buying demand (from shorts covering) is also decreasing. The old argument of short covering will push the stock higher is now fading.

AN investment in ABTX is dead money, long or short. There is a whole universe of higher returns, long or short.

chester


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