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Strategies & Market Trends : Shorting stocks: High fliers

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To: RumbleFish who wrote (499)6/16/1998 3:55:00 PM
From: Q.  Read Replies (2) of 709
 
GMGC - General Magic ... Short interest has been soaring as the stock price has ignited, and posts in online forums are in a frenzy, with hundreds per day on Yahoo.

Here's some info on the stock:

biz.yahoo.com

It even has a discounted convert with a recent S-3/a, although the $5M private placement is insignificant compared to the market cap.

Up 10 - 15 fold so far this year.

anybody have an opinion?
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