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Technology Stocks : PairGain Technologies

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To: Jay Mowery who wrote (21874)3/19/1998 4:47:00 PM
From: Tricky Ricky  Read Replies (1) of 36349
 
Jay,

I know you always look for an optomistic opinion. Here's a thought that I don't know if I believe or not but it is optomistic.

Let's assume the MMs are holding the price to 20. Let's also assume there has been a lot of pressure for PAIR to go higher and the MMs have really worked this week to keep it down. Let's make one more assumption - the shorts know this. It could be concluded that next week the MMs will let PAIR move up, and with the shorts knowing this, could create a short squeeze and really get things moving. Wouldn't that be a beautiful thing!?!?!?

I know there are a lot of assumptions here but is it really that far fetched? I have seen stranger things!!!!!!!!!

TR
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