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


To: margie who wrote (4126)4/22/1998 10:44:00 AM
From: Bhag Karamchandani  Read Replies (1) | Respond to of 6136
 
SHORT INTEREST RATIO ( SHORT SHARES/ AVERAGE DAILY VOLUME)
3/98 7,714,800 14.27
2/98 8,820,460 13.56

Although the number of 'short' shares has declined, the covering ratio has slightly increased suggesting a better price improvement potential if (or is it when??) the shorts require cover. Fundamentally, AGPH appears to be an underpriced stock - it should appeal to value investors but I suppose these guys don't buy biotechs.

Any news on insider buying rather than selling would be interesting.