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.
Technology Stocks : Applied Magnetics Corp
APM 1.150-3.4%Dec 26 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: klaus pluszynski who wrote (10450)11/20/1997 9:10:00 AM
From: Bosco  Read Replies (2) of 12298
 
Klaus - this is the eternal dream (re: short squeeze) on APM. However, while there is no verification, it is believed by some that a huge short position is maintained by the people shorting against the box (when the price was in the 60s.) If it is true, when they choose to unwind their positions, they will probably unwind the long and short together, and thus no squeeze will occur.

This has been mentioned here on SI for more than 1/2 yr now

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