IFLY - travel sales on the web pure play Message Board

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

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To: David Cal who wrote (929)	5/2/1998 11:02:00 AM
From: Paul Yang	Read Replies (3) of 4761

You see, for a momentum stock like IFLY. Increase in shares short is actually a blessing in disguise. Short will provide stronger upward moment when the stock price goes up. 177,928 short for April is really nothing to worry about. Actually, it is still pretty low for a stock that has gone up 200%. Short squeeze sometimes plays wonder on a stock. Noticed KTEL? Remember IOM? If short position is indeed this low, it actually indicates that price will likely to trend downward when the next wave of shorts arrive. I have been following this company for a while and intend to get in soon. Your number actually convinced me to hold until this stock hits low 7 again.

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