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Technology Stocks : Log On America, Inc. LOAX

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To: harryl1 who wrote (199)6/18/1999 1:14:00 PM
From: ISP_Investor  Read Replies (1) of 353
 
Lots of short covering today but actually some buying. Saw a few 3K lots go through on the offer, but they got snapped up pretty quickly. I don't think Dirks has the available capital to try a short squeeze and if they are talking to the other members of the syndicate to try a squeeze, they'll eventually end up in a 10 X 10 cell.

I actually would really enjoy a nice short squeeze run up to the high 20s. They usually drop faster the second fall than the first and I'd love to ride this back down again with a larger position. I'm kicking myself for not loading up more although hindsight is always pretty clear.

Any longs (especially the ones buying the larger lots today) have a reason for buying?
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