Ciena (CIEN) Message Board

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Technology Stocks : Ciena (CIEN)

CIEN 201.46

+2.9%

Nov 6 4:00 PM EST

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To: bits who wrote (2893)	9/11/1998 12:34:00 AM
From: Diabolique	Read Replies (2) of 12623

It's not that simple. >>Ciena is vulnerable to short sellers.<< Stocks with thin floats are vulnerable, 91+ Mil is not a thin float. The selling in the past 2 days is institutional, just look at the size and depths of the sells, 25k blocks were crossing today. The big boys are dumping and its killing the stock price, simple as that. Now if you want to know why they are dumping, that is the billion dollar question.

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