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Biotech / Medical : Agouron Pharmaceuticals (AGPH) -- Ignore unavailable to you. Want to Upgrade?


To: sam who wrote (3005)11/26/1997 10:08:00 AM
From: Oliver & Co  Read Replies (1) | Respond to of 6136
 
Sorry for my ignorance, but I do not understand "short Interest".
Can anyone explain to this novice?

Thanks,

JLL

PS. I think we may get to $40 today



To: sam who wrote (3005)11/26/1997 10:49:00 AM
From: Peter Church  Read Replies (1) | Respond to of 6136
 
Where did you get the short interest data?
The data I see has a peak in July and then a slight down trend since then.
It's amazing how much tenacity the shorts have had so far.
Ultimately, these bears will have to buy back their shares, probably at much higher prices.

nasd.com

short interest (split adjusted)
Dec-96 988310
Jan-97 1248996
Feb-97 1961908
Mar-97 2211026
Apr-97 3846022
May-97 6271732
Jun-97 7651408
Jul-97 7084974
Aug-97 7060240
Sep-97 6946817
Oct-97 6548571