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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?

To: Slim Pickens who wrote (1763)1/16/1998 12:23:00 AM
From: Peter Goss  Read Replies (1) | Respond to of 7041
 
Could be a hedge, but without much stock to short, could be a way to short 10k shares with a quick result if buyer was looking for some final capitulation. Just was posing the question to get Bill's response.

Peter



To: Slim Pickens who wrote (1763)1/16/1998 9:08:00 AM
From: C. K. Humphries  Read Replies (3) | Respond to of 7041
 
Slim, I'm short zona at 13 5/8 and I'm pretty new to the investing/shorting game. As the price keeps going up, I'm getting more worried about my position. Do you think it is a good idea to buy some calls to protect my position? This is a very good debate on this stock. Obviously, I'm siding with the voices of doom. However, I don't want a margin call to prove me wrong. Any advice out there? Kent


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