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 : Micron Only Forum
MU 236.50+2.7%12:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cynic 2005 who wrote (25114)12/12/1997 6:57:00 PM
From: TREND1  Read Replies (3) of 53903
 
Mohan
you wrote
<<there are more than 30 mil shares shorted. Don't you think it will provide a big cushion? After all, who in the world doesn't know that DRAM prices are weak now?>>

Mohan
(1) Yes ! The buyers to cover will result in "rallies"
(2) Rallies will be quick and sharp.
(3) If they stop before last month's high (currently 29 1/4),
then they provide good "puts"
(4) The 30 mil shorts make this all possible !
Larry Dudash
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext