Another mention...
"We can see above that the shorts do not feel all that bearish on Codexis at this time. Shorts rightfully look for overvalued companies to sell short. One stock I have written about before, Mannkind (MNKD) has had a lot of short interest in it before and still does, albeit much less as of late.
Shares Short (as of Mar 15, 2012): |
18.40M |
Short Ratio (as of Mar 15, 2012): |
8.60 |
The bears still feel Mannkind has some downside left in its pps, even at the current price of around $2.25 a share. I am hopeful for Mannkind's future pps appreciation, but this will take some time for the company to produce the results to warrant the 8.6% short interest to lighten up."
http://seekingalpha.com/article/493321-thursday-s-bio-tech-cataylst-watch-2-buys