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Non-Tech : Radica Games (RADA)
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To: chaz who wrote (2829)2/24/1998 1:04:00 AM
From: j rector  Read Replies (1) of 7111
 
Wow some interesting posts today. Some observations:

1) As Webster pointed out, the stock traded over 200,000
shares w/out moving today.
2) FAHN was at the ask according to several sources.
3) FAHN has largely been instrumental in
increasing the short interest in RADAF from 20K to 360K
from Dec to Jan.
4) FAHN is a well-known short player on WS.

I am not a believer in conspiracy, I believe in (more or less)
an efficient market, but it doesn't take a rocket scientist
to understand what is going on.

FAHN has a huge short position and is trying to keep a lid on
the price rise into earnings so that they don't get a margin call
and begin to have to cover thereby creating a short squeeze which
could send prices through the roof.

I'm buying 50 share lots tomorrow.
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