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Technology Stocks : Logpoint Technologies (LGPT)

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To: paideia who wrote (104)5/31/1998 4:08:00 PM
From: Alf  Read Replies (1) of 698
 
I really do not know a thing about this stock - someone posted it on a yahoo board that I follow.
The only charts or info I can get is for the last year.
1/23/98 was the only day that it opened at 5 bucks and there were only 76,100 shares traded that day. As far as I know you can only short a stock above 5 bucks. So I do not quite understand why so many people are saying that there will be a short squeeze.
Could someone please explain ?

Thanks and good luck
Tim

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