Shorting stocks: Broken stocks - Analysis Message Board

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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Mama Bear who wrote (1119)	6/6/1998 10:42:00 AM
From: Dale Baker	Read Replies (1) of 2506

I will watch until this runup dies out, too. No reason to get in too early, but I think they are pumping the stock so the convertible holders can short into the wave, then cover with their new shares. Previous short interest was 357K in a 5.7 million float. A bit of pumping probably induced some covering. Should be plenty left to short next week. You may want to repeat your message on Roger's thread and emphasize this is a convertible deal. Roger loves those.

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