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Patrick Bateman

07/25/03 3:51 PM

#134369 RE: Zeev Hed #134361

What percent cash you going out at? Gracias

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Public Heel

07/25/03 6:46 PM

#134398 RE: Zeev Hed #134361

Zeev, usually when I read someone blaming the MM's for something, I figure they just made a bad choice and are looking for a scapegoat. No doubt you did the former, in BSTE, but you're not the type to do the latter. So what do you mean by your various references to the MM's in the context of BSTE's trading today? Do you really think they have that much control and, if so, what game are they playing?

TIA
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dayniteshadow

07/26/03 2:20 PM

#134451 RE: Zeev Hed #134361

Zevv really found

BSTE price action surprising. I rarely get into biotech because of lack of earnings. The quarter results seemed good and there is a short position of 7.5 million(float of 13.9).
http://www.nasdaq.com/asp/quotes_full.asp?mode=&kind=shortint&symbol=bste&symbol=&sy... In fact I even tried to short about a month ago and I could not for there were no share available at my broker. I played for a bounce and I would expect a bounce if not a short squeeze. I find it almost incomprehensible that it could drop so much on the quarter report even without the 54% short position. What am I missing?