INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI) 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.

Microcap & Penny Stocks : INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sergio H who wrote (821)	4/23/1997 8:28:00 PM
From: Dick Jaffe	of 2486

Short covering usually drives the price up, not down. It increases demand on the buy side. To Michael Kugler: You mentioned in an earlier post about a 1.9 million share payment to a PR firm in return for their services. Was that the Liviakis firm? If it was, I'm told that they have less than a stellar reputation for dumping such shares (usually free trading - not restricted 144 stock) after the hype period ends. That might account for the short interest. Perhaps it's a knowledgeable broker or MM following their hype/dump reputation. I'm still long the stock. Just wondering.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next