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Re: Renee post# 657

Sunday, 11/30/2008 9:25:03 AM

Sunday, November 30, 2008 9:25:03 AM

Post# of 889
Short interest dropped another 1,623,257 in the two weeks from October 31st to November 14th .

That is almost 6 million short shares covered in one month .

http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=CEGE&selected=CEGE

The December 9th loan auction and the subsequent and intended sale / merger of Cell Genesys by December 31st are the likely reasons for the huge short covering in one month . I expect most / all of the short positions will be covered by December 9th or soon thereafter .

IMO this stock is a strong buy .

Renee

To bite the worm of incite is to bite the HOOK of the antagonist . They win .