Tuesday, January 06, 2009 5:58:38 PM
market participants and very little to do with fundamentals..
The recent upward action from 6, i think, is due to a
near total withdrawal of liquidity for hedge funds that
specialize in shorting stocks....simply there arent currently
many participants that are shorting these types of stocks...
Furthermore, having a strong shareholder base now with
Efficacy and others..the current short position is having
a very hard time covering.....lets hope that real fundamental
data, results in BP having an interest in partnering or
buying the drug(s)..until then enjoy the upside action
while it lasts....
Recent RPRX News
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