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Biotech / Medical : Biotime-Nasdaq's best kept secret? -- Ignore unavailable to you. Want to Upgrade?


To: mesaone who wrote (1128)10/17/1998 9:32:00 PM
From: Angel D  Read Replies (2) | Respond to of 1432
 
Ms. mesaone,

In other places on the internet, notably Yahoo and Ragingbull, aside from the obvious attributes of the company, its business plan, the product and the TA on the stock, there is a mention of the very large short position. There are those who believe that a "short squeeze" is a definite possibility.

I happen to subscribe to this theory. Therefore, I would advise all BTIM longs to get their shares into type 1, non-hypthecatable accounts. what is this, you might ask? Hopefully, you do not have your shares in a margin account.

When your shares are in a margin account, they are available for "borrowing", i.e., to a shortseller. Please contact your broker and insure that your shares are in a non-hypothecable, cash account.

Aside from all the positive aspects of the company, this is a great candidate for a short squeeze. Remember Presstek, Iomega, Ktel?

We can do the same, and more, because we have a great product!!

How about we get our shares into non-loanable accounts, OK?

Best regards to the thread,

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