Lets get some more chatter from the shorts. You guys get too quiet when the price is going up. Trangy where are you? I am looking for an opportunity to buy more long but i usually wait till you predict a downfall.
Although the shorts may have been absent on this board, they are still with us. (Actually, most of the "shorts" here are just folks who are gambling on a few cheap puts, which is the equivalent of buying a lottery ticket.) I was just looking on the Shortanalytics post to disprove the contention of ARNA longs that they are the victims of periodic "bear raids". Actually, over the past ten sessions, ARNA was the least shorted stock (not a single day where the shorts accounted for more than 40% of the volume). Comparing this with other biotechs, I found that MDVN had four days out of ten where shorts accounted for more than 50% of volume. None of the other stocks had more than three days of short-positive trading. Yet among the stocks I looked at - ARNA, MDVN,ONXX, PCYC, VVUS, GILD, and CELG - MDVN was by far the strongest performer over the ten day period.