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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS

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To: Cavalry who wrote (227)9/12/1998 11:32:00 PM
From: sammaster  Read Replies (1) of 1637
 
why does the price not move up with all the buying if someone is not shorting JAWS?
if u look a the trading log over the last month or so there has been a lot more buying than selling...there are only 3.3 mil shares....there is no pending dilution....
i'll bet there has been more buying than selling on days when the stock went down....why would mm's do this?
dont tell me the mm's have lots of shares because they have sold a ton over the last month....the only way they can sell this many shares is buy shorting.....
and that means they have to cover.....
if u have a better explanation please tell me...

samir
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