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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Jeff Mulder who wrote (5467)10/31/1999 12:25:00 AM
From: John Chapman  Read Replies (2) of 6445
 
You could easily be right. NITE built up a huge short position for a reason and Friday's volume while jumping from the last few days is not a sign of short covering. What happens next week depends on the reaction to the CNBC piece Friday night. the post at Message 11755413 is a transcript and at the bottom of the post is a link to a replay video.

Insider 144's is a concern. It seems to have turned the corner upward at 21 11/16. It closed Friday at 25 7/16 and after hours closed at 26 1/2 on Island and 27 on Redibook.

It needs a 10 million share day to say something.
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