Regarding the *Telefonica* conference call...if the news isn't big, could send the stock back down. If the holdup is due to anything other than significant additional news, once again the way they chose to handle this will them look like a rinky-dink operation. this in no way suggests if there is no new news the price will drop. no, i actually am saying without new news the price will rise.
any rise in share price is due to short covering, it could not be the telefonica news, white paper, net2dine, holding in ntop....
when idtc heads south, just people dumping the stock, not short selling then.
all telephone calls will be free, hence idtc is upgrading from ds3 to 0c3 to handle the call volume. what they lose on being free, they can make it up in volume.
as people know many shorts pretend to be long and concerned, and will do things to scare longs, such as comparing the stock to bb stock, claiming the product does not work, what they do will soon be free, any rise is short covering (after the cover, the stock will retrace since it had nothing to do with the company fundamentals changing),.... you get the idea. |
