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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: Gurupup who wrote (1148)2/26/1998 11:43:00 PM
From: invest04  Read Replies (1) | Respond to of 5736
 
Seems to me this is just more good news. Yes, I'm assuming there will be news regarding a distribution partner; and yes, I'm assuming that it will be a substantial deal; and yes, I'm assuming that an announcement is only days away. But given the above, which I feel comfortable with, the low float and the high short interest can only mean one thing when the news hits. Looks to me like a last minute attempt to get some shorts some breathing room to get out...only problem is, they have to buy the darn stock to get out (bet they wish CCSI had options). Looks good to me. Whatever downside risk is left, will quickly be erased when all that buying starts.