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Strategies & Market Trends : Stocks in Play
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To: Roger A. Babb who wrote (76)4/24/1998 10:58:00 PM
From: Nukeit  Read Replies (1) of 120
 
Hi Roger,

Since you are very knowledgeable of shorting. What do you think the shorts are upto in this case. CON (Continental Homes) had more than their float short and merged with DHI (D.R.Horton) who had about 80% of float shorted. After merging on the 20th the volume has more than doubled with a decrease in price. Poster on Yahoo suggest that they are cleaning out before they start to cover. Any opinions on this? Anyway seems like something will give pretty soon.

Regards jb
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