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


To: arnie h who wrote (9143)9/16/2003 5:56:27 PM
From: Biomaven  Read Replies (2) | Respond to of 52153
 
GNTA is going to be a huge battle between the shorts and the longs. There was a very big short position even before the cloudy results came out, and so I expect there will be renewed attacks by the shorts.

I think I'll be a (moderate) buyer on weakness (no current position). They had the sort of results that will attract the dumb (and vociferous) shorts and which sometimes produces a nice buying opportunity. Not sure what the smart shorts will be doing.

(unless they're trying to do a little fudging)

Not impossible, given the stable from which GNTA emerged.

Peter