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: Skeptic who wrote (7446)12/18/1997 11:05:00 AM
From: John Arnett  Read Replies (2) of 31646
 
Several comments on the price drop and the mystery surrounding how this could occur.

Looking at short interest in TPRO since August shows:
8/97, 325,000
9/97 702,000
10/97 957,000
11/97 977,000

The number of trading days using current volume figures to cover these short positions was .19 in August and 1.95 in November.

It's not wonder the stock keeps slipping...until the short positions have reached their goal and turn long it seems it will be very difficiult for the stock to move up, regardless of the news.

Anyone know if these shorts are spread among many or centralized in a few?

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