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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: Michail Shadkin who wrote (5928)10/28/2001 12:34:23 PM
From: Dale Baker  Read Replies (1) of 6873
 
When the last data is 4m short in a 9m float and SURE has been shorted heavily as a story stock spike since then, I reckon you have to take it into account.

Much like AMZN in 1998-1999 when more than 100% of the float was short at times, and some diligent shorts were wiped out before the stock settled back closer to fair value.

Just a word of caution to newbie short who may be lurking here.

I have a good-sized short in KOPN with a target of 10-11. You may want to check it out, very liquid and not much squeeze potential on top of a ridiculous price-revenue multiple.
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