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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (117)	6/1/1996 6:25:00 PM
From: Sabrejet	of 852

Cadaver, you have me confused a bit on FIBR. If one places a buy at open you're probably going to get a price close to Friday's close. Are you saying the stock will fall back to 16.50 then 16 etc... and that would be a good place to buy? It seems logical to use the short cover but it would take a major sell at the open for this to happen. If the figures Mark stated are remotely accurate then the chance of a pullback of that magnitude would be small. If the stock gets away early, and stops low 20's then late day could be another squeeze??? If the short numbers are correct, it would take a major sell off early to possibly "convince" others to sell (or trigger stops). Interesting situation here. The safe bet would be to watch volume early, especially if it runs up. Please tell me what your thinking. Rich

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