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Technology Stocks : CustomTracks Corporation (CUST)
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To: J.Y. Wang who wrote (1722)7/30/1999 12:02:00 AM
From: sargent  Read Replies (2) of 2514
 
Or, on the flip side, short interest increased to 2.3 million plus this past month, I believe. Perhaps the average Joe (ie lottery ticket buyer) is shorting this thing recklessly, thinking the reward far outweighs the risk. Just a thought.

I will admit the chart does not as good as it did late last week. However, considering the beating the market is taking, along with yet another bashing by the media (briefing.com), it hasn't completely capitulated. The shorts provide a decent cushion to the downside, and a potential huge move to the upside, if Cook starts delivering. At least he and Sanchez have their own money where their mouth is, which is a lot more than 99% of these sort of internet stocks.

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