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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (612)	3/21/2002 12:07:16 PM
From: Joe Stocks	of 787

RSTO- Covered my short for .45. Just noticed that there is only 900,000 float and short interest is 276% of that. Also, they announced today that they want to sell some stock so I think the insiders will keep at the bid to get this stock sold. With such a small float they can easily control the price and I think that is how they rebounded today. I got an account that I just throw very over or undervalued stocks into. I'm a retailer, I own a hardware store. I don't see RSTO making it with their new format. I'm putting a small position in that account to hold for awhile but not worth trying to trade here in my opinion. Joe

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