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Technology Stocks : IFLY - travel sales on the web pure play

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To: Sapper MSG who wrote (435)4/14/1998 10:02:00 PM
From: Kevin G  Read Replies (4) of 4761
 
To all: Sapper is pointing out IFLY's little 16% pull back to Staggerlee a "KNOWN SHORT SELLER"! He has been upset with YHOO's run and now appears to be targeting IFLY. I have also confirmed two other large Shorts of IFLY Today. I don't know if You all understand the significance of the presence of short sellers in IFLY, but let me tell You... THIS IS GREAT NEWS!!!

Shorted shares of stocks with extremely small floats cause the price to go up big time when the market squeezes the Hell out of Them!

That is how YHOO, AMZN, and THNK took off to the moon!!

The shorting probably added to the drop Today, when the positions were actually sold short. But, Their covering will help us blast off to new highs down the road!
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