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Non-Tech : Radica Games (RADA)

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To: Wayne who wrote (2931)2/26/1998 2:06:00 PM
From: bajaseatrader  Read Replies (2) of 7111
 
Think where RADAF would be if the shorts hadn't sold roughly a million shares through January. I would guess another 500,000 was shorted in February. RADAF would be at least $5-6 higher. The bright spot is they must buy back 1.6 million shares someday. That is a huge buy order considering the float .Everyday the stock increases in price the shorts must put up more money to maintain their position. When they do start buying it back RADAF may run much more than the 5 or 6.All we need is continued buying.

Stan
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