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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (9976)7/25/2002 10:48:05 AM
From: The Vet   of 16631
 
Harmony (HGMCY) reports next week. Should be a stunning earnings report, and it is now trading near it's recent lows. Short interest on NASDAQ is at record highs (almost 3 million shares) and there is a potential short squeeze coming up in the offshore market. Four million shares of Harmony wrongfully made available for shorting have to be returned to the rightful owners within 2 weeks... Could be interesting.. I'll post other URLS soon...

But also on HGMCY - just out..

JOHANNESBURG (Dow Jones)--South Africa's Harmony Gold Mining Co. Ltd. (HGMCY) announced a 49% increase in its ore reserves for the financial year ended June 2002.
datekdj.newsalert.com
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