C-Cube Message Board - Msg: 1278537

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Technology Stocks : C-Cube

CUBE 35.58

-2.0%

3:59 PM EST

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To: petph who wrote (14629)	4/27/1997 10:26:00 AM
From: Andy Chen	of 50808

interesting analysis. with 11+ million shares in short position, C-Cube has become a case study. appearantly, they will keep shorting as long as shares are out there for them to borrow. it is hard to cover 11 million shares. when shorts start covering (or when they are forced to cover), CUBE will go up through the roof. think about it, CUBE's price fluctuations was influenced by short sellers. that means investors are still buying the stock, but shorts wont let it go up. short sellers hope that the price of stock will keep heading lower until the company goes out of business. in that case, we better hope the company comes out with positive news because the longs are underhanded in this game. "E4" -- does it sound familiar?

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