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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX)
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To: ahhaha who wrote (548)9/14/1999 2:10:00 PM
From: MeDroogies  Read Replies (1) of 1983
 
I'm sorry, I misunderstood you. I thought you WERE saying you could use short interest to determine price. That's why I was pointing to the chart.

I do understand the fundamentals of shorting. I never do it. Too much implied risk.
I prefer options.
Options can tell you a story about the direction of the stock, IMHO.

The point I was making about the minimal downside risk is based on the general TA. The company is in good shape, stock is in strong hands, and it's been performing better than expected.
You had an earlier post that suggested 15 was possible. While possible, I'd say unlikely.
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