STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE Message Board

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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1374)	1/10/1998 5:53:00 PM
From: ChrisJP	Read Replies (2) of 2377

Hi Sergio -- here's an update on BOST. You guys must be overwhelmed with all the stocks you track, but since you're interested in dead cats, I thought I'd pass this info on. When the market was tanking down 200 points Friday, BOST was also down, trading at 6 1/2. I was thinking about placing a buy for 6 9/16 when in the last 1/2 hour there was nothing but buying -- several 100,000 shares. The stock closed at 6 7/8 (I think) . I didn't place the buy order. Someone on the Yahoo message board said their broker said there was 300,000 shares of short covering. I'm still trying to pin down how many of the 21M short shares need to buy back in the open market. I just wish I could read the minds of the short sellers. Anyway, consider yourself informed that at least some short covering may be starting to happen. Just keep an eye on this stock, if a full fledged short covering rally really happens, there could be some easy money to be made on it. Regards, Chris

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