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Microcap & Penny Stocks : All American Semiconductor (semi)
SEMI 31.41+3.2%Nov 24 4:00 PM EST

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To: Arthur Tang who wrote (939)4/5/2001 6:05:02 AM
From: Arthur Tang  Read Replies (1) of 952
 
Short interest increased to 24,000 + shares when price pulled back. The shorts' cost is averaging down by the market makers. This means when they buy back the price will further erode. The more you buy, the lower the price.

When market makers start nice moves; buy when profit taking takes place. Then you will have a good position on this stock. Don't create an overbought situation; when market makers are trying to buy back 15,000 shares of shorts averaged at $10/share. Right now they are using fear to scare you to sell.

Good luck with your investment here, but be on the watch for shorts increasing(classic overbought problem) on "pull back" or "take out the weak hands".
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