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Biotech / Medical : Cell Pathways (CLPA) -- Ignore unavailable to you. Want to Upgrade?


To: bob who wrote (35)11/12/1998 9:28:00 AM
From: AJ Berger  Read Replies (1) | Respond to of 566
 
I guess the gist of it is...

Negetive: that Solomon won't be covering them, so their will
be a lag period before other's gear up to cover them instead.
(Longs buying into recommendation may sell or have to hold)
Positive: insiders have not gotten their CLPA shares yet, so
they can't sell or be borrowed to be shorted yet.
(much less downside pressure on this stock for a few weeks)
Positive: CellPath is doing aggressive self promotion now
that they are publically traded.
(that won't help too much at least until coverage begins)

as for the actual drug technology itself, I will consider
that a factor when they actually get approval. Either way
I plan on covering my short for a tiny loss. No sense of
spitting into the wind much longer. Good Luck.