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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject8/27/2000 11:35:28 AM
From: tpboxster  Read Replies (1) of 37746
 
ONIS short squeeze cometh (from the Yahoo boards)

ONIS ...institutional buying has been 16.5m out of an 8m share float ...

Insider: 94%
· Over the last 6 months:
· one insider buy; 20.0K shares
· Institutional: 13% (203% of float)
(105 institutions)
· Net Inst. Buying: 16.3M shares (+50.00%)
(prior quarter to latest quarter)

94% insider
13% institution
---
107% = 7% of shares outstanding short

Share-Related Items
Market Capitalization $11.3B
Shares Outstanding 126.0M
*****Float 8.00M*****

lionshares.com ID=DSUD001%205093546648908272000114900%20%20%20%20%20081DA2BF3087F9F84946A5F2995 6F4B1F

i would be buying ONIS with vengence ..
MM's are going to try and cover this short position with the few million shares coming to market on 9-6 ...

there will not be enough shares ...they have to run the price up!
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