Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : HMSC- A simple breast cancer screening device -- Ignore unavailable to you. Want to Upgrade?

To: joe who wrote (209)	6/1/1998 5:16:00 PM
From: joe	Read Replies (1) \| Respond to of 246

and the cliff diving keeps on getting steeper her is some things to think about the new short position is increased to @ 520,000 shs. well more than 10% of the float. it looks like none have been covered. if the stock closes below $2 a share it becomes non marginable. if this happens two things can occur. 1. selling pressure if people own this on margin and can't switch it to a cash account. 2. the shorts could get squeezed because if the stock is switched from margin accounts to cash accounts this stock is considered to be no longer loanable to the street and a forced buy in of the short sellers may occur. hmsc clinical trials will be out in late june. august is national breast cancer awareness month.