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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (19478)6/30/2001 1:36:32 AM
From: Ken Reidy  Read Replies (1) of 30051
 
Zeev,

I have a question concerning the Russell 2000 stocks whose prices surged at the end of day. Take PARS and SBAS for example. It looks like almost all after hours trading was buying. My question is where did the shares come from, or who was the seller? Do you think that the market makers are in a short position over the weekend? If so, it may be possible that there could be a short squeeze on these types of stocks Monday Morning. Sorry if my question is naive...just trying to understand where we are at. Monday morning is going to be wild.
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