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Technology Stocks : America On-Line: will it survive ...?

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To: Michael Lembke who wrote (2038)2/28/1997 8:16:00 PM
From: James F. Hopkins   of 13594
 
Hi Michael: What I did notice is that any time any real shrs came
on she dipped..all thoes big blocks are nothing but one short
selling to another short who is buying something he never gets,
as he is just paying back what he borrowed when he shorted,
AOL has out more borrowed stock than she does float..
so I call that shadow volume..it keeps her price atificialy
high..let some fund try to sell..there are very few real buyers..
except for a few mullets that get sucked in by some broker
trying to get out. It's mostly short sellers and coverers were the
volume is..it's a crap game..and they are skiming her down..
Jim
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