Roger's 1998 Short Picks Message Board

STOCKTALK

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.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael who wrote (10528)	6/25/1998 3:56:00 AM
From: e. boolean	Read Replies (1) of 18691

The CBS AMZN story is wrong. The short interest as of 6/10/98 (the "May" period) reported by nasd.com shows 4312908 shares short (compared to 3392794 reported 5/12/98, the "April" period). The May number has been known for a while, though it was only "officially" released today. The CBS number seems suspiciously like the May number was improperly doubled to adjust for the split (which should have already been reflected by the NASD, given that the split occurred before the report date as per nasd.com, and improperly reported as the current short interest, rather than that of before the rise. The manipulation/mania started just around the time this number was collected and the vulnerability to a short squeeze became clear. YHOO's short interest declined from 5/12 to 6/10 by 18%, which is one reason it has not been doing as well. This is not a Ktel situation, though it was very vulnerable mid month. I suppose tomorrow may bring another bout of hysteria brought on by the misinformation du jour. e.b.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next