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Technology Stocks : Osicom(FIBR)
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To: Winegrower who wrote (5129)2/1/1998 11:38:00 PM
From: David Wise  Read Replies (1) of 10479
 
Question for those who short stocks: Based on the Avg. Daily Vol., FIBR days to cover is about 2.61 (somewhat skewed by the larger than normal volume, lately). One stock that looks ripe for shorting is already up to a 13.85 days to cover (PIXR). Does this figure into your decision to short or not short? Looks to me like, especially with PIXR, you'd be competing with other shorters on the way down, puting an upward presure on any down trend. Maybe if no one was willing to cover until a large price drop it would work, but reality shows people's risk tolerance levels run the full spectrum, as well as their greed/fear ratio (to coin a new ratio).
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