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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Jim Roof who wrote (1112)6/17/1998 2:04:00 AM
From: Stephen How  Read Replies (1) | Respond to of 4634
 
The Wall Street Journal ran an article on short traders and in it Asensio took his swings at BTIM again but apparently the WSJ writer felt journalistic fairness should include this disclosure.

Jim,

Are you referring to the WSJ article featuring the dubious value of Biotime? BioTime's Shares Feel the Burden Of Proof for Developing Product
(https://www.siliconinvestor.com/readmsg.aspx?msgid=4280851):

"Manuel Asensio, president of Asensio & Co. in New York, ... has a short position in BioTime of more than 200,000 shares."

I don't know if you mean that article, because it really focused on the scientific basis for evaluating Biotime's lead product Hextend&reg. Asensio was only mentioned in 2 sentenances of the article. The article featured a blood expert at the University of California at San Diego, who was skeptical of the competativeness of the product. This may have been the only WSJ article mentioning the size of Asensio's short position on BTIM.

I understand how you are concerned with the misrepresentation of facts out there.

Steve

My BTIM site on my server:

btim.dyn.ml.org



To: Jim Roof who wrote (1112)6/17/1998 6:56:00 AM
From: taxikid  Read Replies (2) | Respond to of 4634
 
it would be foolhardy for him to publicly proclaim his exact short positions in a bull market, as his detractors would surely want to squeeze him.
taxi