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Technology Stocks : The Panda Project (PNDA)
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To: Anaxagoras who wrote (1060)4/2/1998 2:31:00 PM
From: Anaxagoras  Read Replies (1) of 1521
 
Well, PNDA has already traded more volume than any other day the past year except for August 15, 1997 when 827,500 shares were swapped for a close at 6 3/4.

Watching the tape you just see small retail stuff, not a single large buy.

My guess is we have a short squeeze. Remember that close to 2 million shares were short as of last reckoning.

Now when do I dump this stuff and resume a short?

Anaxagoras
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