Rande Is . . . HOME Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pressboxjr who wrote (11176)	8/24/1999 1:58:00 PM
From: Kevin Shea	Read Replies (3) of 57584

In the Hmmmm category....HLTH with a float of 5M shares has been very active of late with very little movement...In the last 10 days HLTH has trade over 20M shares or over 4x the float, however the price has remained in a close spread (about 5-6 points) This would seem to indicate that a whole batch of new owners now control this issue....furthermore, it suggests that there are few sellers willing to part with the shares at any lower price.... I submit that HLTH is a SAM stock, being accumulated by others As of 7/8, 43%!! of the shares were short at 77 or so.. Is the current activity conversion of shorts to longs? Are the new holders trying to keep the price down to seek complete control?? With such a difference between float and volume, why isn't HLTH moving? I would be pleased to hear comments and opinions.. Kevin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next