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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (29521)12/1/1999 12:33:00 AM
From: Torben Noerup Nielsen  Read Replies (1) | Respond to of 32384
 
Tex,

I checked with my broker today and the short increase between October and November was approximately 200,000 shares. Since the one vegetable I *really* hate (and I was *forced* to eat it as a kid!) just stated that shorts are reported as of the 15th of each month, that means we're a couple of weeks away from better numbers.

However, given recent activity, I don't see the short numbers as being bad at all and you could well be right that people are covering now. The last few days *could* be partially explained by a couple of large shorts getting ``concerned".

Oh well, I'm just along for the ride at this point. I cannot really make either heads or tails out of the movement of the stock, but I'm quite thankful for it.

Thanks, Torben