Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote ()	2/12/2000 8:26:00 AM
From: LiPolymer	Read Replies (2) of 122087

SNRS: Shorts running out of time...and soon to be running out of money, IMO. Lehman is not selling down the stock to take advantage of the February Floorless. Many shorts were hedged with Jan and Feb options, the latter of which are expiring in 1 week. Notice how the share price has been creeping up? Nervous longs selling to nervous shorts. But as the price rises, the longs get more comfortable and the shorts get more nervous. 25% of the float is short, and the only question is how much has been hedged. Lets just say the rest of February will be mighty interesting. Can you say...squeeze? Regards to the longs.

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