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Biotech / Medical : Biotech vs. Shorts -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (311)1/13/2000 10:18:00 AM
From: Torben Noerup Nielsen  Respond to of 427
 
Peter,

Thanks. I thought they had to be there unless all the shorts had taken cover and I sort of doubt that. There hasn't been enough movement for that.

Unfortunately, the short picture for LGND is a bit difficult to interpret since a large portion of it is probably from people who shorted the stock but hold the remainder of the outstanding warrants for cover. As I recall, there're about 1.2M of warrants still outstanding.

Thanks, Torben