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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX) -- Ignore unavailable to you. Want to Upgrade?

To: Currency who wrote (277)	10/20/1998 1:52:00 PM
From: xbrent	Respond to of 1286

Volume back on track today. Average volume 390,000; 324,000 as of 1:50pm Eastern. Should easily exceed average volume. Most trades are buys. One 50,000 share buy and one 50,000 share sell are the only large trades. One of my sources expects some major block buying by the close of trading tomorrow.

To: Currency who wrote (277)	10/20/1998 2:45:00 PM
From: xbrent	Read Replies (1) \| Respond to of 1286

8 million shares outstanding, float half of that or less. Has to be some kind of short position. I have heard numbers ranging to 7 figures. I don't know the answer, but if I had to guess I would think that something up to 500,000 shares short might be appropriate until we can find a better estimate. I would think that shorts would cover anytime we get into the .40's FGRX did trade for a while in the .40's and perhaps some could have shorted in north of .50 thus incurring short covering at that level or sooner.