SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : YURI ( YURI SYSTEM )

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Keith A Walker who wrote (664)2/26/1998 5:13:00 PM
From: larry  Read Replies (1) of 1181
 
Keith,

NO WAY will the bear leave the issue without trying several times more! Do you know how many more shares he shorted since Feb. 15 to pull this issue down? According to my record, he (or they) heavily averaged down and the short interest might as well have rise to 3.5 mm shares by the end of this past Monday. Theoretically and technically this issue can go up to 40+ if a furious squeeze is on but since this bear dares to risk losing tons of $$$ by averaging down at very low 20s level, we are in for a long term battle.
That's why I encourage all YURI longs to call their shares. And I have good confidence that we will soon get help from institutional holders.:) BTW, if the really squeeze is on, I urge that individual shareholders don't take immediate profits and the profiteer MM should be very skillful in milking out the $$ out of the shorts. The bears will have to go to open market to find shares to cover their asses. Just think about this: more than 65% of the shares held by individuals are shorted!
BTW, look at another round of furious short squeeze initiated by AMZN MM. Up more than 7 points today and the game is far from over.

good luck,
larry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext