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Non-Tech : Outerwall (OUTR), formerly Coinstar (CSTR)
OUTR 52.000.0%Sep 28 5:00 PM EST

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To: david siple who wrote ()7/8/1998 12:54:00 PM
From: Jon Coert  Read Replies (1) of 351
 
Good news short term, bad news long term???

I tried to short CSTR yesterday, but my broker didn't have any shares available to short.

This means that there shouldn't be any pressure on the stock in the short term from short sellers (the good news).

On the other hand, this means that this stock is fully shorted. Short sellers are usually professionals who do a lot of research, and they are usually right in the long term (the bad news).

Take it for what it's worth,
--Jon
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