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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: JPh who wrote (1650)7/11/1998 8:42:00 PM
From: Instock  Read Replies (1) of 2843
 
I don't think many short sellers are scared. Check the short selling for each of the last 4 months. Last months Short Selling of WAVO was at the lowest in 4 months, therefor few short sellers are tempted to cover.
The Smart Short Sellers will hit the stock Monday, after the BW hype has driven the price up to it's max.
MANY who got in the first few hours Friday, some 3 Mil. shares, will be VERY tempted to sell and lock in profit as soon as the short sellers hit the stock. IMO

Like I said before, MOST GAPS get filled, and WAVO has a HUGE GAP to get filled. All the way down to 10 7/8.

I am looking forward to Monday and Tuesday. Could be a HUGE gain made short selling the stock.

Instock
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