Presstek -- Stock of the Decade?? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Presstek -- Stock of the Decade??

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E who wrote (6188)	9/15/1997 1:39:00 PM
From: Olu Emuleomo	of 11098

Jason's mother, You must realize that the shorts will stop at nothing to knock this one down! Some people are heavily short, eg the Digitek guys, and they grow more desperate by the day. Their goose is cooked though! Why? a) PRST shows superb resilience whenever it is knocked down. It tends to recoup very quickly. That shows demand. b) There are just too many shares short. Thus, whenever, the price falls, shorts will climb over themselves to cover, thus driving up the price again. Even if they attempt to cover at present levels, it will drive up the stock price, since the float is thin. This activity will attract momentum players and once this happens, you know the rest! c) We only need one quarter of excellent results to blow the roof off this one! I am betting on that quarter.... --Olu E. (Also, I think its prudent to bet on a company that keeps generating patents like it was water! Kinda like the old Bell Labs)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next