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Technology Stocks : Zitel-ZITL What's Happening
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To: Graeme Smith who wrote (12035)10/28/1997 2:45:00 PM
From: taxikid   of 18263
 
speculative-
as i could not estimate how many shorts didn't take profit-
but it will be real easy for those that used to own zitel @ 14 and sold at 20 to rebuy here- as opposed to getting thos that shorted at 20 and covered @ 13 to resell here-
so there is less selling pressure and probably more buying pressure in the next weeks-
taxi
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