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Strategies & Market Trends : STEAMROLLER'S DAYTRADES
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To: Jack of All Trades who wrote (508)8/25/1998 12:08:00 PM
From: STEAMROLLER  Read Replies (2) of 1561
 
11:56 ET C-Phone Corp (CFON) 4 5/8 +1 13/32 (+44%): --Update-- Traders continue to pour into shares of this former high-flyer. Unable to find any
specific news that would account for two-day explosion in price. However, momentum players looking to create a short-squeeze don't need news, simply a
trigger. But given that short interest in CFON isn't really that high, should be difficult for rally to sustain itself for much longer. Volume 3 mln shares.
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