Sepr Short Theory.....
Rumors abound about sepr being bought out. I'd imagine they maybe bought out just not at this time or at these levels. Sepr management knows their earnings will peak around 2009-2010 around 4-6 dollars a share based on their current pipeline of drugs.. Now why would the exec's at sepr leave so much on the table and approve a buyout at 70? It just doesnt make sense. Everyone is focused on the buyout when they should be focused on the stock.. Shorts are covering not because of the rumored buyout but because of the NBIX news & the SEC backdating news is public!. They were betting on these two catalyst pummeling sepr stock. The NBIX news was great for the longs and the backdating since its legal is not having the desired effect that the shorts want on the stock. I'd imagine the shorts may have started this rumor about the buyout in order to cover such a huge amount of shares.. Think about it.. They get the volume up and since its just a rumor most will sell into this rally allowing the shorts to cover on the way back down.. Again just another crazy theory.

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