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Technology Stocks : Apple Inc.
AAPL 278.28+0.1%Dec 12 9:30 AM EST
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To: Phillip C. Lee who wrote (11001)4/9/1998 2:58:00 AM
From: Sam Scrutchins  Read Replies (1) of 213176
 
In each morning, shorts started to sell the stock and push it to extremely low, then they covered back in the last 30 minutes.

Phil,

What do you mean here? It has always been my understanding that a short sale had to be made at the offer price. IOW, a short sale cannot be used to push the price of a stock lower. If this is still true, then how can you say that the shorts are pushing the price down?

Sam
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