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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: DDS-OMS who wrote (33)8/12/1996 11:26:00 AM
From: DDS-OMS   of 6467
 
Wayne Umfleet:

Curious as to why you use E-mail vs posting on this thread. I'm sure your concerns/comments would be of interest to all and we need more people posting than just 2 or 3 of us to keep this thread alive. Remember, there are no dumb questions, only dumb answers!

To answer your question as to why anyone would want to short this stock, that is an enigma we would all love to have an answer for. I have to assume that since TTRIF has been on NASDAQ restricted list for 11 months that these shorts were established at much higher prices than we're seeing now. TTRIF traded at $10 a couple of years ago and was trading in the $3-4 range when it was restricted, so it seems to me that the nest question is why havent these shorts covered at these low prices? Possibly that is what were seeing now? Cant find out what the short pos actually is --TTRIF is too small a stock to qualify for compiling this info.

Check out Judy Lim's posting # 1564 in MISC-ADDITIONAL FORUMS-Puts, calls and other options-Options! What did you do today? and second part on#1094 on Tech anal for shorts & puts under Market trends and strategies. Rule # 6 seems to be a plausible answer for what we're seeing happening lately in TTRIF trading.

Wayne, 3 newsletters have rec. TTRIF over the past 18 montsh--The Profit_Letter, BBS, and the J.Taylor_Gold_and_Gold_Stocks. Not much depth and some dumb assumptions in Taylors, BBS is detailed and in depth but I think too optomistic and Profit is well balanced but somewhat dated now. Profit is the one that dropped coverage last summer over an undisclosed spat with TTRIF.

Dont have a scanner, so cant fax but if you will E-mail address will snail mail copies to you or ask Lionel and he probably can send copies to you.

Good Luck

Gary
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