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


To: Arthur Radley who wrote (30786)10/5/2000 12:45:30 PM
From: tuck  Read Replies (1) | Respond to of 32384
 
TD,

biz.yahoo.com

Some of the past short position was due to a hedge play by a firm long the warrants, if memory serves. I'm sure you remember this. The gradual decrease reflects the unwinding of that position as fundamentals (i.e. lackluster sales) take over to keep the short interest over 400k, IMO.

Cheers, Tuck