Javelin Pharmaceuticals Inc (JAV)

[rfj1862]

While I think it is incorrect to draw parallels between stocks, I have to say (again) that I've never seen anything like this in any of the stocks I've owned. Five percent declines per day--without any change in the fundamentals, and day after day--argues for something a little strange going on.

It's clear that the decline is primarily the result of shorts piling on to this stock, given the huge increases in the short positions. DrBio suggests that the participants in the offering are shorting and will cover with registered stocks. In any case, it's pretty clear to me that there's a concerted effort on someone's part to drive JAV down the toilet.