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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (6611)5/10/1999 6:54:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 7041
 
There were already a bunch of forced buy-ins that drove the price above $25 prior to this announcement. (In fact, the phony analyst reports issued by Matt Geller/Oppenheimer were directly to blame for the short squeezes).

It will be much more dificult to squeeze the stock now that its broken and all the bad news is out.