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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 226.62+5.4%2:43 PM EST

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To: Tom Simpson who wrote (8646)8/31/2000 4:16:22 PM
From: All Mtn Ski  Read Replies (1) of 9256
 
Hello, long time lurker, first time poster here and previous HTCH holder.

I think today's unjustified HTCH rally is based partly on Shorts covering, IMHO. HTCH has sported a large short position for many months now:

viwes.com

It is about 13% of the float, and those greedy shorts who didn't cover in the teens, are now closing out their position. Next month's short interest numbers will be telling.

Thank you thread posters for one of the best, honest and insightful threads at SI.

Cheers,

Tom
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