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


To: johnsto1 who wrote (6477)6/5/2002 7:36:42 AM
From: Elmer  Read Replies (1) | Respond to of 52153
 
<who is shorting the living sh*t out of them>
My uniformed guess is that a lot of the selling is forced liquidations of leveraged positions. Selling MLNM, HGSI and others at these levels makes no financial sense unless you have to cover margin calls.

If I'm right, the rebound will be breathtaking but who knows.