Give The Shorts Some Aspirin. Here Comes A Headache

Generic-drug maker Ivax is one stock the shorts feel mighty triumphant about. They started shorting it when the stock ran as high as 43 a share in early 1992--and then watched it fall, in a jagged pattern, all the way down to 22 7/8 on Apr. 6. Judging by the huge short interest building up again in the stock, the bears are betting that Ivax will continue to dive.

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