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Technology Stocks : Thermo Tech Technologies (TTRIF)
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To: DDS-OMS who wrote (31)8/8/1996 8:52:00 PM
From: Paul J. Sharga   of 6467
 
Gary

Many large blocks were traded today again, the 2nd largest volume trading day in the stock's history. Someone actually bought at 1 7/16 before the stock retraced again. If you have the time could you post a more detailed description of how the MM's short stocks like this and how they eventually go about covering their positions? This churning at the bottom with heavy volume may be the last of the sellers, but how long can the shorts keep borrowing the stock to keep driving it down?

As always...

Good Hunting

Paul
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