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Biotech / Medical : Biotime-Nasdaq's best kept secret? -- Ignore unavailable to you. Want to Upgrade?


To: Jim Roof who wrote (670)2/14/1998 1:30:00 AM
From: Bill Wexler  Read Replies (2) | Respond to of 1432
 
Hmmm..

I want to get a better sense of the potential market. I'm not sure a comparison to albumin is really that relevant but I am very interested in the superiority claims to Hetastarch.

As far as stock manipulation is concerned...all I can tell you as that I've been watching the tape and calling a few trading desk contacts at various brokers - and the consensus is that the stock is being juiced. This is not to say that something illegal is going on - it's a fact of life that speculative small caps tend to be "window dressed". When it's done too often however....or there are unusual price swings on small volume - I get a bit suspicious.

I know this stock has been criticized by short sellers for some time now. After appropriate due diligence I came to the conclusion the the short case has more credibility. If I'm wrong, then all my position can do is help you and other longs since I'll be forced to cover.