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Exelixis, Inc. Message Board

  • duckduffer duckduffer Mar 13, 2012 12:14 AM Flag

    Is it possible

    that the short trade has gotten a bit crowded. EXEL has relatively strong to it's biotech peers institutional ownership at 67%, roughly a 100 million shares. Does this have any effect on the risk of going short? I posted a couple days ago the short trade appears relatively safe near term simply due to slow news flow. But..has this become a short trap? I wonder..with an ever increasingly crowded trade, the exit gets smaller and smaller. There is huge money with stakes in EXEL (Fidelity alone has 15%)...is it even necessary to speculate on what is possible... might be wishful thinking...just sayin.

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