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

To: Linda Kaplan who wrote (3130)	3/27/1998 2:49:00 PM
From: clochard	Read Replies (1) \| Respond to of 7041

A bear trap is when a stock has a large number of short interest and the big boys start buying. This causes the price to rise faster as shorts buy to cover (at a loss). If the float is largly in control of the big boys, they can run the price up very high until the last bear is forced by margin requirements to cover at a hugh loss. The price will drop again, leaving the small momentum buyers holding the bag. In the end anyone holding ZONA long will loose since the company won't get FDA approval for Vasomax, but sadism and masochism fit well here, don't they?