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Strategies & Market Trends : BCRX: Target practice for shorts -- Ignore unavailable to you. Want to Upgrade?

To: Manly who wrote (37)8/17/1999 8:53:00 PM
From: moby_dick  Read Replies (1) | Respond to of 96
 
Manly: Still short but I boxed my position partially at $23 1/2. I had a $25 stop on 1/3 of my shares at $25 and it got taken out today while I wasn't watching! So now I am boxed 2000 shares. I can't see this thing having a lot of upside from here but it has had more staying power than I thought (although $25 was the SB target). I will consider unboxing tomorrow based on action - we have got to be near a top in the $25 range. Good Luck!

Moby



To: Manly who wrote (37)8/25/1999 10:25:00 PM
From: lizardK  Read Replies (2) | Respond to of 96
 
i am interested in your view on BCRX. it seems that you thought it was a good short up to 22 but closed your position at bit higher (based on your post to d smith).
Do you think this is even a greater short now that it has risen up to the 28-34 level? I am considering shorting this one but the SSB analyst seems to keep propping this sucker up based on nebulous phase II test results.


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