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 : TAVA Technologies (TAVA-NASDAQ)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JDN who wrote (6570)11/26/1997 11:31:00 AM
From: Rob L.  Read Replies (1) of 31646
 
No, I think the drop in the stock price has already taken place as a result of the PP. (from 7 down to 6.25, a nearly 11% drop). In order for there to be an effective short they have to be short before the PP is known to the generaly public. TM knew about it before everyone else so the people buying the PP obviously knew about it before that and if it is almost completed this idea has been floating around for at least two months. It's at that time they probably shorted. The short numbers are for October so the data is somewhated dated. I think once the PP is announced, the stock might rally on a sell the rumor buy the fact type basis.
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