the shorts will bail with margin calling and announcements due, page-327

Have a little look at PAR today. Only got cleared to proceed with its FDA application and rallied 25%.

I am not cross-promoting. The point is its shorted less than MSB and very symptomattic of what will happen with MSB when we finally get that announcement on OTAT from the FDA. These stocks spike on these announcements, but even further with panicky short-sellers. I short-sell on occassion (US is surely a bubble), but would not dare short MSB or some of these other bio-techs that have been punished in the last year.