Softechie, Short Interest is looking extremely good here:
Following are the top 10 largest NYSE Short Interest Positions as of June 2000. trading-ideas.com
Name.......... Jun-00......... May-00......... Change AT&T Corp...... 93,575,231..... 82,851,025..... 10,724,206 Sprint Corp.... 75,090,333..... 77,332,061..... -2,241,728 Qwest Commu.... 61,438,682..... 59,027,457..... 2,411,225 Conseco........ 57,030,080..... 44,093,376..... 12,936,704
As you can see, these 57 mill shorts started forming in March, when the stock was 12
marketguide.com
Short Interest Month.......... Shares(Mil).... %Outs..%Float. Days 06/08/00....... 57.030......... 17.533. 25.782. 11.429 05/08/00....... 44.093......... 13.556. 19.934. 6.428 04/10/00....... 27.761......... 8.535.. 12.550. 5.106 03/08/00....... 17.908......... 5.506.. 8.096.. 7.712
thomsoninvest.net
As many folks covered in the last week I think many haven’t and that’s because they don’t know Wendt and GE Capital.
Their Price to sales ratio of 0.23 is ridiculously low.It’s got to be the steal of the year here. If you look at their average performance in the last 5 years it compares favorably With The industry and Sector
marketguide.com
Looking at more fireworks ahead
TA |