IRID - Iridium World Communications IPO Announced! Message Board

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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Mama Bear who wrote (2301)	8/10/1999 11:26:00 PM
From: Marty Rubin	Read Replies (1) of 2693

Barb: This is my impression: High short position is bullish since the run is twice as big. Example: If xyz moves 10 points on ?? news, the gain will be 18-22 points when short interest is cutthroat. I think many of the long today know what they are doing, or else the stock will be trading at $0.00001. This had be dragging on for too long; Everyone is expected to take a beating. I think it will be slightly more than anyone had expected, but this is my impression. And this "slightly better" will push the stock higher. No matter what, they have to get their act together before Golbalstar comes out. I know you're good in shorting, and i'm fairly good on going long. it's always nice to know your opinion.

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