SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Stock Swap

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew Vance who wrote (13604)5/4/1998 9:36:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 17305
 
Re: ENMD -- Do you get the feeling every shorter in the world is looking for shares at the open tomorrow? Is you were DH Blair, what would you do?

I bet they play it coy. I bet despite what orders they get tomorrow, they seek to keep the stock flat early on and then raise or lower it slowly depending on whether they see an imbalance of selling or buying coming. Once they've knocked out a ton of stop orders, then I bet they tank it. I don't see a rush. In fact, they might not even do anything dramatic for days as long as they can still move massive amounts of shares.

Eventually, though, it has to go down. Why? Because scientists are ultra cautious and I expect a flurry of "it's too early to tell" statements about repeating the miracle results in humans.

- Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext