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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: jan m. who wrote (12679)3/18/1998 2:26:00 AM
From: Karl Drobnic  Read Replies (1) of 31646
 
Jan: If you want to see a true short squeeze, look at a long term chart of OCCF. You will see a mind-boggling spike. Stupendous. In a true short squeeze, a few players control a huge amount of the shares. They simply don't sell, and as the price rises, the shorts have to pay any price to get out of the short position. As shorts are liquidated by their firms, the price is driven higher as firms force more liquidations each time the price rises. We don't have that situation in TAVA. There are too many shares in the float. If there were any worried shorts today, they could have bought the warrants at par or even a slight discount and neutralized their risk.
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