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Strategies & Market Trends : Consumer Portfolio (CPSS) Overbought!
CPSS 8.250-3.1%11:45 AM EST

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To: bob yahnke who wrote (50)3/11/1998 1:38:00 PM
From: Arthur Marigold  Read Replies (2) of 112
 
Bob, I bought some this morning on the same belief that CPSS is heading to 20$+ based on foundamental and charting analysis.
This is legal loan shark business. Borrow at 7% lend at 20% . Do it efficiently the high tech way.

Can you please explain to me how the huge short position will drive the price up ? I don't do options nor do I understand their impact in a big way. If the explanation is too complicated you can direct me to site or book where I can learn more.

Thank you.

AM
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