SI
SI
discoversearch

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.
Non-Tech : Emcore Corporation (EMKR)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Ox who wrote (470)4/9/2008 12:28:05 PM
From: Hawkmoon  Read Replies (2) of 640
 
Possibly.. but they Shorts also have to look at the potential for a squeeze.. It's hard to cover that many shorts in the face of institutional support and the promise of a lucrative IPO headwind.. And let's not forget the impending tax credit legislation that we can expect to be signed within the next month.

Shorts have already reaped a nice return on their positions and I suspect their covering will provide a bid on the shares.

Will be curious to see what news is unveiled at the analyst meeting tomorrow.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News