Hummingbird Comm. (HUMC) Message Board

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Technology Stocks : Hummingbird Comm. (HUMC)

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To: Bill Arndt who wrote (1277)	1/27/1998 11:25:00 PM
From: james paterson	Read Replies (2) of 2018

Bill, It's really ridiculous. For the last 2 years the shorts have been wrong, but have made a ton of money. The longs have been right & a lot of them are lucky to be even. I attribute this screwy situation to Hum being a thinly traded stock & easily manipulated by the mkt makers & others. I'm not a tech but know enough about TA to realize that it does'nt look good for the longs. Every time we get over 46Cdn, the selling pressure intensifies & the price is knocked down. The shorts have had their way for so long that they don't have any fear. It does'nt make any sense that Hum can't even keep it's P/E over 15. We need the institutions to step up to the plate. Maybe tomorrow. James

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