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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) -- Ignore unavailable to you. Want to Upgrade?

To: Instock who wrote (2587)3/31/1999 1:50:00 AM
From: Apakhabar  Read Replies (1) | Respond to of 3414
 
INstock, have you personally been able to short PLMD? If so, can I ask with whom? My broker has no shares to short.

My point regarding the volume was that the window to unload one's shares at a favorable price and spread is vanishing. When the volume returns to pre-BW article levels, it's very likely IMO the price will likewise follow, although perhaps there will be some additional support from those who think a buyout is possible.



To: Instock who wrote (2587)3/31/1999 9:25:00 AM
From: Instock  Respond to of 3414
 
Ap: I was able to Short Sell PLMD at Waterhouse Sec., twice. First time I Shorted PLMD I covered with a nice gain, and then decided to Re Short the stock once I relised I covered to soon.

I think the Stock will see the Mid. 6's before heading UP. Probably today or maybe tomorrow. 6 1/2 would be a nice additional gain from the current 7 1/4

That Gap from 6 1/16 to 7 1/4, most of it should get filled. maybe not all, but most. IMO

Instock


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