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Biotech / Medical : North American Vaccine -- Ignore unavailable to you. Want to Upgrade?

To: Don W Stone who wrote (412)	8/4/1998 8:49:00 PM
From: Don W Stone	Read Replies (1) \| Respond to of 507

A short squeeze is going to happen. Since approval last thursday about 700,000 shares have changed hands. If the buyer of those shares was an institution than the problem the shorts will have covering is indeed getting worse. First if the institutions that bought some portion of those 700,000 shares have requested delivery of the stock, than those shares will be called and those shorts will have to buy NVX to cover their short positions. I am told that this process takes about 3 days and can be extemded another 3 days. That puts us to at earliest friday when we just may see some buying or the start of a short squeeze and we will see more on monday and tuesday, of next week and so on. Actually what part of the shares that have changed hands is affected here is anybody's guess . I would say that the start of a short squeeze is very near. All of the "margin call" selling falls right into this sort of activity. Added buying pressure sure can't hurt. We'll see ;-}