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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (2265)3/28/2008 10:25:37 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Well, INGN is going over its Jan-March Hs on low volume & with no news that I am aware. There isn't any indication that the shorts have decided to start covering as the short position reportedly went up 3% & still is around 40x its ADV.<g>

bigcharts.marketwatch.com

They should start covering if there are some news that make the stock spike above the $4 level. If that happens it seems that a 50% gain to the $6 level would be a slam dunk.<g>

bigcharts.marketwatch.com

Bernard