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Technology Stocks : Avant (AVNT)
AVNT 29.69-1.6%Nov 7 9:30 AM EST

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To: tonto who wrote (461)9/13/1997 12:04:00 AM
From: Cosmo Daisey   of 3441
 
Tonto,
These people aren't going to jail, no way, never happen. The 20% translates to about $7 in share price at this time and probably $8 at the time of impact. The short has already happened and smart money covered already. I can't go long because of the cloud over AVNT and I can't go short because the fund I run prohibits short selling. I would like to go long and I will when the criminal charges are dismissed when Cadence withdraws the complaint after settling the civil suit.
This stock will be the mother of all short squeezes when the criminal charges are recognized as smoke. Good luck to the shorts but perhaps you should hedge by going long an equal amount and cover the position that is going against you when this thing makes the move you are waiting for. This will protect your position.
Coz
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