Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.08

+1.8%

12:59 PM EST

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To: Michael who wrote (33164)	6/24/1999 11:45:00 PM
From: mauser96	Read Replies (1) of 152472

I'm always delighted to see lots of shorts. These people have already sold so their shorting is in the market, and QCOM has gone up quite a lot despite their sales. If earnings are good it will go up more, their margin will be called, and they will be forced to buy, intensifying the upward move. A short squeeze is a thing of beauty to a long.There are several reasons why people must sell a stock,but a short squeeze is the only time they absolutely must buy it.

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