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Non-Tech : Tyco International Limited (TYC)

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To: eDollar.com who wrote (1034)12/11/1999 4:05:00 PM
From: Chas  Read Replies (1) of 3770
 
Who do you think bought all the shares yesterday?
1,649,388,000 shares outstanding
1,462,584,000 held by institutions
67,893,800 traded yesterday and up 2 3/16
Do you think you and I drove the price up?
Volume at the Bid 23,820,900
Volume at the Ask 29,820,900
Short Interest Ratio 1.48
Previous Short Interest Ratio 18.856
There was hugh size continuously shown on the ask to keep the price down while the big boys covered their shorts. A large amount of shorts were covered on Thursday. After the shorts were covered the stock started it's upside breakout.
This stock is solid as a rock with the cash reserves and is a buy at 1/2 value.
Account anyway you want but "show me the cash". I like cash.
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