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Technology Stocks : Specialty Teleconstructors, Inc. (XMIT) -- EXCITING!
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To: Peter V who wrote (388)9/15/1998 5:35:00 PM
From: Thean  Read Replies (1) of 418
 
Pete, if Dreyfus couldn't find any share to short, it could very well mean that all the shorts have not covered and are waiting for the damn earning news that just never shows up. But since the stocks have not moved much as of late, it implies that those longs just want to hang on and not want to sell out before the news.

But since the overall volume is not that thin, it also mean there are big blocks buyers and sellers doing the trades among themselves, e.g. MM's.

This is a funny stock. I hope it goes the SRCM way. At one point there was no shares to short too when SRCM was at 20's.
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