News Focus
News Focus
Replies to #4068 on Biotech Values
icon url

DewDiligence

10/12/04 3:53 PM

#4069 RE: rstor1 #4068

>> New investment strategy? - Short the "fast-track" announcements. <<

It will probably work more often than not with the small-cap bios. However, I’m often unable to borrow shares of these companies for shorting.

BTW: am currently short no companies, which is unusual for me.
icon url

greenehugh

10/12/04 3:58 PM

#4070 RE: rstor1 #4068

"New investment strategy? - Short the "fast-track" announcements." Find it depends on volume, float and how well a stock closes. On high volume, high eod price, find its better to short the high of the second or if necessary, the third day.