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Technology Stocks : ATI Technologies in 1997 (T.ATY)

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To: Marc who wrote (5015)2/2/2000 8:08:00 PM
From: OrionX  Read Replies (1) of 5927
 
Marc,

Okay, it seems nobody wants to come out and say it so I will. Those holding the big pot of short shares definitely are holding this stock down. I don't know how and why, but I don't see any other reason why with an average of one new contract per week (higher rate lately) this stock just doesn't move upwards. Looking back at the last times we've had a big upwards run, it was only when those shorties covered their behinds and accumulated enough long shares to satisfy their greed. So, my take is give this stock a little more time and it will rally. I wish I new what the catalyst will be for the run to begin. Till then, I'm holding on and shaking my head in amazement.

Sorry for my ranking.
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