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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/2/2001 1:02:29 PM
From: besttrader  Read Replies (2) of 37746
 
12:57 ET NEON Comms (NOPT) 10.66 +2.56 (+31.6%): -- Update -- Announcement of Verizon contract (see 12:09 comment) causes
spike in thinly-traded stock and catches short-sellers by surprise. Issue has rallied more than 25% over the past 45 minutes, on a significant
surge in volume. More than 15% of NOPT's float has been sold short.
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