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Technology Stocks : America On-Line: will it survive ...?

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To: SJSharky who wrote (7704)2/12/1998 1:33:00 PM
From: craig crawford  Read Replies (1) of 13594
 
<< I'm waiting before I jump in to short this sucker. It looks like there's nothing in the near future that will pull this sucker down. >>

Don't trouble yourself with the earnings report. It means nothing right now.

The only thing you need to focus on is the short squeeze. Shorts are covering like crazy and driving the stock higher. Of course mo-mo players see a stock that is just flying and they jump on board to squeeze the shorts even more. Either scale in your position on the short-side and wait for the squeeze to stop or jump in on the long side and squeeze the shorts some more!
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