ADSP - Ariel Message Board

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Technology Stocks : ADSP - Ariel

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From: Sans Souci	12/6/1999 10:13:00 PM
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WOW! This thing is even more shorted than I'd hoped for. Actually, you might be surprised at just how high the future barrage of short-covering could take this thing. IMO, 1/2 of the recent peak (ie., to $20+) is not out of the question. You shorts sound just a L-I-T-T-L-E bit too sure of yourselves. "The market always takes out the maximum number of correctly positioned participants". What IF it starts to run back toward $40? ... $50? Right now, that must be a short's biggest fear. You can bet everyone will try to cover at the SAME time if even a whiff of that begins. S/S

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