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Technology Stocks : Nanophase Technologies (NANX)
NANX 1.733-1.0%Apr 7 5:00 PM EST

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To: larry who wrote (13)12/27/1997 11:19:00 PM
From: Mama Bear  Read Replies (2) of 322
 
>>>3) Just as briefing pointed out, last Friday's run happened
immediately after CNBC picked up the company (CNBC needed sth to talk about anyway)and they believe besides buyere, there were just a huge number of short covering trying to close the position.<<<

Nasdaq has short interest in this issue at 5046 shares as of 11/15. I don't think short covering caused the run up.

nasd.com

I'll be shorting this run up on Monday.

Barb
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