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Technology Stocks : The Panda Project (PNDA)

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To: JAGUAR who wrote (1104)4/3/1998 12:02:00 PM
From: Rubber Man   of 1521
 
Just interested.. how did you calculate a 60% loss in a day? Most shorts can't start their position until it's above 5, so at 7, that's only 40%. Even if you meant unrealized loss, 60% cannot be right.

I can only say that most shorts would've either cover and shorted at today's level, or short even more today (and adding on to their position).

I'm in at 7, stop at 8. Let's see how this one ends the day.
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