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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?

To: CPAMarty who wrote (165)12/30/1998 12:07:00 PM
From: Daniel Shaffer  Respond to of 2515
 
Thanks, Marty, re. short interest.

I guess this means on the one hand that there is
a growing bet that the price will go down, and, on
the other hand, that if share price starts going
back up, that short sellers will have to buy to
cover their bets and minimize their losses. That,
in turn, would also tend to push prices up by
increasing demand.



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