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Politics : Formerly About Advanced Micro Devices
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To: niceguy767 who wrote (88273)1/19/2000 9:25:00 PM
From: Bill Jackson  Read Replies (1) of 1572978
 
nic....7; Well it is just barely possible with that 10m shares taken from the float and out of circulation. It really depends on the effective float of trading shares versus those held for longer terms in institutions etc.
Of course an institution will watch and take a profit so I suspect a classic squeeze cannot develop, just a pseudo squeeze that can collapse rapidly.
It will be fun to see tomorrow.
A classic squeeze is when you are short one share and I have it and there are no other shares. An absolute shortage that can never be sated. It has happened that people have been short more shares than exist.....dead ducks is the operative word.
Bill
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