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Strategies & Market Trends : Angels of Alchemy

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To: SirRealist who started this subject11/13/2000 10:07:36 PM
From: Jack Hartmann  Read Replies (1) of 24256
 
Global Crossing and a potential short squeeze.

They reported revenues that increased 297% y2y and cut losses. They beat the street by eight cents.

The interesting thing is the shorts are heavy in this stock and will have to cover if any rally occurs.

46,734,684 shares short on a stock that averages 12M a day.
viwes.com

If you see it run during the day, it may go further as shorts abandon ship temporarily.

Jack
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