TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Rick Bullotta who wrote (17674)	5/27/1998 10:10:00 AM
From: Hawkmoon	Read Replies (1) of 31646

Hang in there Rick.. TAVA looks like is attempting to test the 200 day MA, which although we all may be sickened by seeing it occur, should provide a strong basis for support. I still contend that some big money came in and shorted the stock in hopes of knocking out some of the smaller institutions. These "monster sellers" recognized they didn't have the power to fight off the shorts and thus stepped aside. Shorts will need to eventually cover their positions and go long. I suspect that certain persons on this thread may be correct in their assessment and that around the 200 DMA we'll begin to see some covering of short positions. Fundamentals have not changed, just the players(IMO). When the big money covers it will solidify the stock even more and return us to an upward trend. That is one of the problem factors in investing in a company so widely covered by the internet. The smart money would rather "they" be at the bottom and the small guys buying from them instead of the other way around. They want you to be afraid while they buy your fear. Regards, Ron

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