Replies to post #166571 on Biotech Values

[biomaven0]

It's conceivable for some of these that they shorted expecting an offering without actually being over-the-wall.

In the one case (TEAR) they cleared around $30k. On a $3B fund that doesn't exactly move the needle. So not only illegal, but stupid too.

Peter

Edit: Just saw this story too:

http://www.chicagotribune.com/business/breaking/chi-sec-shortsale-crackdown-20130917,0,4783142.story