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Technology Stocks : OnSale Inc.
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To: jhg_in_kc who wrote (2187)12/2/1998 2:09:00 PM
From: zurdo   of 4903
 
They could short against the box (working in concert, which they often do)knowing they can cover later when the rabbits get scared and sell..In the meantime, they can buy even more shares at lower prices than where they sold short...It would not take too many MMs working together to do this...Of course, the greater fool theory also works in reverse, and these MMs are very vulnerable to a SHORT SQUEEZE at this time....If there is sizeable buying pressure now, these stocks would soar!!!..JMHO
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