Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 115.18

-7.7%

Jan 23 9:30 AM EST

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To: MileHigh who wrote (5181)	6/27/1998 12:16:00 PM
From: sam	Read Replies (2) of 93625

One of the most bullish indicators for a stock is the vehemence with which shorts try to bash that stock. Check out the AOL, Amazon and Yahoo threads for examples. After large runs, shorts jump in to make a quick buck. I've done it countless times myself. Made good money and also have gotten burned. Shorts will usually succeed if there is no real justification for the stock's move. But if there is....watch out. Even if RMBS does fall to the forties again, based on the news that's out now (and nothing new) it'll soon be in the 70s. BTW, I do hope it falls. This time I will be buying. FWIW

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