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Biotech / Medical : HEB, Hemispherx Biopharma (AMEX)NEW -- Ignore unavailable to you. Want to Upgrade?


To: Mad2 who wrote (472)10/12/1998 7:55:00 PM
From: Marty  Read Replies (1) | Respond to of 857
 
This looks like an arm wrestling contest, back and forth, between Asensio and Carter. Asensio has a reputation and a following but that is about it. Carter has a lot more muscle represented by medical credentials and medical studies.

I also think there is more money available on the long side with more and more individuals and institutions learning about the drug's potential and increasing their holdings the closer it gets to full approval time.

The shorts are typically very panicky and could easily quickly run up the stock a lot by themselves once price starts up on any positive announcement from ongoing studies, the FDA, or published reports.

It looks Asensio is grasping at straws now by publishing such nonsense. He made a very bad bet going up against Carter.



To: Mad2 who wrote (472)10/12/1998 8:09:00 PM
From: T-Lo Greens  Read Replies (2) | Respond to of 857
 
Mad2 in hindsight I agree my re-buying of HEB was a little premature as I could have bought at the close for $8. However I still think HEB will go into the $11 area soon, so this minor setback does not worry me. I have tight stop loss orders to prevent against losing too much on HEB.

Best regards
Tony