SI
SI
discoversearch

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 : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?


To: Alys Hall who wrote (2511)9/3/1998 11:53:00 PM
From: WE89  Respond to of 3702
 
Thats because it is. Win some lose some.



To: Alys Hall who wrote (2511)9/4/1998 9:43:00 AM
From: EZLibra  Read Replies (1) | Respond to of 3702
 
Alys of course there is an active short. The S-3 is about gone so the 3.3 million declared short as of 8-15 is real. Back office scuttlebutt has it they were very nervous when TCLN ran to $1.31 last Thursday. Shorts have to mark to the market everyday and if underwater they may have to go out and actually borrow the stock which could be tricky. We still have an R4 designation meaning that technically any total short greater than 1/2 of 1% has to have borrowed stock or will be bought in. It's the same crew doing it - Herzog, Knight and Legg - so that hasn't changed though there used to be more of them. We have something like 30 mm's now. I personally await mid-September for any big noise out of Tustin, that's about five business days.

WE89 are you still the Idec bull who is a stockbroker?