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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY
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To: DaveAu who wrote (758)7/27/2001 12:04:07 AM
From: Lalit Jain  Read Replies (1) of 856
 
Bluejay,

It is very possible that Roseworth had already shorted the stock heavily. With this, they will be buying back the short position.

However, if what you say is true, then why not (say Yorkton + others) bid up the stock, and Roseworth will have to buy at higher prices ! NHC does not have a large number of shares o/s !

Regards, Lalit Jain
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