At 7.73, opko has traded higher twice this year, 32 million shorts Under water, all need to make decisions,
betting 1/2 the volume today is covering. Any news, any upgrade, any fund buying a big block, opk could spike to 8. The weak market today might not help, but a few biotechs, like gild, hitting all time highs, :) .
Burn - If there is any covering it is not at IAB - available shorts shares have gone from 10k to 7k in the last 2 hours.
7k still available - maybe a sold out long could try the "Dark" side :)
Junior, question, is that 7k at that firm only or total market? Seems last month you posted iab shares available at near zero most days, yet the short number inched up anyway. I think aig is about 10th largest trading house, so the real number might be higher if houses keep their available short shares in house for their clients, but I actually DO NOT KNOW.