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Technology Stocks : INFOSEEK (GO)
GO 10.27+0.1%Dec 26 9:30 AM EST
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To: Luce Wildebeest who wrote (5465)4/30/1998 5:27:00 PM
From: epicure  Read Replies (3) of 9343
 
Shorts do not pull a stock down. In fact, in some stocks, it is only the shorts that keep them up (think K-tel, for example.) Momentum traders drive a stock up, and only drive it down when they move on to the next stock. So your statement that the shorts and daytraders are pulling this stock down is illogical. And considering how much Seek is up, your complaining at all is rather greedy. It is important to have both short and long opinions represented on these boards, otherwise they are meaningless rah rah clubs for people irrationally wedded to their stocks. I am hedged on Seek so I'd like to hear both sides of the story.
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