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Biotech / Medical : Biospherics - BINC - The explosion is near!! -- Ignore unavailable to you. Want to Upgrade?


To: JSB who wrote (33)2/10/2000 6:50:00 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 94
 
Yes, if it's true that the short position reached close to 10 percent of the shares outstanding, then that is a pretty large position. Watch for a squeeze when investor interest starts increasing. Actually, one reason I like the stock has nothing to do with the major product, which is in the future. They apparently have something that reduces flies around barns. That is a very nice, stable business (no pun intended), where the product can be distributed through farm stores and/or extension services. That's the kind of business that generates sufficient cash flow to allow concentrating on the main product development without getting financially strapped.