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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS
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To: Mr. Stress who wrote (158)9/12/1998 9:01:00 PM
From: Cavalry  Read Replies (1) of 1637
 
dave looks like abte is just getting going june to august shorts dug themselves quite a deep hole that release you posted was the trigger to set the shorts scrambling, $10 price target quite possible short term, short position increased 2.4 million shares between 6/8-8/10

Short Interest
Month Shares(Mil)%Outs.%Float Days
08/10/98 2.712 27.191 33.073 4.367
07/08/98 1.425 14.287 17.378 1.957
06/08/98 0.334 3.349 4.073 1.028
05/08/98 0.327 3.279 3.988 0.512

the squeeze is under way will jump in monday
cav

news like this sparks a rally and ignites the fire
Message 5722099
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