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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 84.66+0.9%Nov 19 3:59 PM EST

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To: Larry Brew who wrote (10989)5/20/2003 2:15:32 PM
From: Don Green  Read Replies (1) of 14451
 
Larry

Generally traders don't bother shorting a stock when it is near a $1.00 a share. They short it after it rallies quickly from $1-4 or higher. Because keeping the momentum is the problem. I doubt SGI is on too many traders radar. Too many other canidates out there to bother with SGI. Traders want to short hard to justify high fliers, not dogs.
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