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Biotech / Medical : ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH -- Ignore unavailable to you. Want to Upgrade?


To: The Prudent Investor who wrote (28)11/21/1997 5:34:00 PM
From: Lucky  Respond to of 1084
 
Seems the same to me.I was lucky enough to get 2 trips today:short at 8 cover 7 1/4,short again at 7 7/16 cover at 7 1/4 again.Tried to sell at 7 3/4 late but did'nt get filled.Hoping this has a little more life in it on monday am so I can get aboard again.
Spent most of the afternoon short LIPO and covering picking up 1/4's twice.Carried a small position (2k) home for the weekend, short at 6 5/16.Not too sure about it though.
Lucky.



To: The Prudent Investor who wrote (28)11/21/1997 5:34:00 PM
From: Tech Investor  Read Replies (1) | Respond to of 1084
 
Well... ASTM was doing it's thing (going down that is), going down all the way
to 7 1/8, but alot of day traders got greedy and chased shorts @ 7 1/4. The
MMs took advantage and using the fact people who shorted @8ish covering to move
it back up. It ended up closing with no change literally. This one could have
tanked below 7 if it weren't for those foolish shorters. I'm ready to hold on it for
a few weeks, I will cover @low 6 or better.

Regards