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Gold/Mining/Energy : ECHARTERS

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To: Ed Devlin who wrote (1380)	11/10/1997 12:17:00 PM
From: Bob Markley	Read Replies (1) of 3744

<< How big do you expect the gap to be? >> A $10-15 gap would be about right, ... however upwards to $50 is possible. The stock will most likely be haulted in the a.m. and take a long time to open due to the imbalance of the huge number of buy orders over sell orders. Expect the ask to be very high and drop to match to a bid level as the MM's will not take in short inventory. MM shorts position traded over night will be the first to cover, then the professional shorts will cause it to blast as they fight for shares, with the new buyers & themselves... short squeeze,..very exciting!!!

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