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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: Mama Bear who wrote (18)12/28/1997 2:09:00 AM
From: taLuis  Read Replies (1) of 322
 
<< I'll be shorting this run up on Monday. >>

The float on NANX is 5M. Small enough for the MMs to play games with the price. I'm also planning to short on Monday, but am bracing myself for one heck of a ride. Truly not for the faint of heart.

If the MMs see significant shorting at the open, I wouldn't be surprised if they run it up a bit more and pull a short squeeze. I've seen it happen before, and it could happen here.

Good luck to everyone, however you play this one on Monday.

Luis
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