Shorting stocks: High fliers Message Board

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Strategies & Market Trends : Shorting stocks: High fliers

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To: Harpo who wrote (557)	9/23/1998 4:54:00 PM
From: Q.	Read Replies (2) of 709

BB, yes, LHSG does look interesting. The multiples are certainly sky high, and the story about the receivables is interesting. The story you mentioned, fnews.yahoo.com has some nice comparisons to peer companies. However, it also says there aren't any shares available to borrow. Market Guide shows less than 2 M shares in the float, and about 4 M shares shorted, which is a really unusual situation. Shorting stocks with very tiny floats and very huge short positions is a risky business, anyway. You might as well just wear a sign that says 'squeeze me'. Regardless of the sky high multiples.

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