Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: mishedlo who wrote (88757)	7/1/2002 8:02:48 AM
From: Zeev Hed	Read Replies (4) of 99280

Mish, I am not sure that really applies to SLMC, the Yahoo data might be skewed, they show only 1.4 M in the float, but in the last six months insiders sold close to 10 percent of their holdings, so now the float must be closer to 6 MM shares. Second, the short position has peaked around 1.1 MM shares and is now declining for the last two months. Last, they went public last year, it is quite possible that some of the short was against the block as a hedging, maybe even by some insiders wanting to shift some of their sale to this year from last. The fundies don't look that bad. Zeev

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